Business
Slate Retail REIT Completes Acquisition of Waterbury Plaza
TORONTO , Aug. 28, 2014 /CNW/ - Slate Retail REIT ("Slate Retail" the "REIT") (TSX: ...
About this update from Slate Grocery Reit Class U
[{"type":"text","content":"\n\nTORONTO, Aug. 28, 2014 /CNW/ - Slate Retail REIT (\"Slate Retail\" the \"REIT\") (TSX: SRT.U / SRT.UN) today announced that it has successfully completed the previously announced acquisition of a grocery-anchored shopping center located in Waterbury, Connecticut. \n\nWaterbury Plaza was acquired for U.S.$27,150,000 (U.S.$192 per square foot). The 141,443 square foot property is 100% occupied and anchored by Stop & Shop, a wholly owned subsidiary of the Dutch supermarket operator Ahold. \n\nAbout Slate Retail REITSlate Retail REIT is an open-ended real estate investment trust focused on U.S. grocery-anchored real estate. The REIT's portfolio includes over 30 properties located primarily across the top 50 U.S. metro markets. The REIT is focused on maximizing value through internal organic rental growth and strategic acquisitions. For more information, please visit www.slateretailreit.com.\n\n\nSOURCE Slate Retail REIT\n\n\n\nBlair Welch, Chief Executive Officer, 416 644 4267; Brady Welch, Chief Financial Officer, 416 644 4263Copyright CNW Group 2014","length":1676,"tagName":"div"}]