Slate Retail REIT Completes Acquisition of North Summit Square Shopping Center

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[{"type":"text","content":"\n\n\nTORONTO, July 24, 2014 /CNW/ - Slate Retail REIT (TSX: SRT.U / SRT.UN)\n (\"Slate Retail\" the \"REIT\") today announced that it has successfully\n completed the previously announced acquisition of a grocery-anchored\n shopping center located in Winston-Salem, North Carolina.\n\n\nNorth Summit Square was acquired for U.S.$15,800,000 (U.S.$70 per square\n foot). The 224,530 square foot property is 99% occupied and anchored by\n Sam's Club.\n\n\nAbout Slate Retail REIT\nSlate Retail REIT is an open-ended real estate investment trust focused\n on U.S. grocery-anchored real estate. The REIT's portfolio includes 30\n properties located primarily across the top 50 U.S. metro markets. The\n REIT is focused on maximizing value through internal organic rental\n growth and strategic acquisitions. For more information, please visit www.slateretailreit.com.\n\n\nSOURCE Slate Retail REIT\n\n\n\n Blair Welch Chief Executive Officer 416 644 4267 Brady Welch Chief Financial Officer 416 644 4263 Copyright CNW Group 2014","length":1661,"tagName":"div"}]

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