Business
Slate Retail REIT Completes Acquisition of Wellington Park
TORONTO , Sept. 10, 2014 /CNW/ - Slate Retail REIT ("Slate Retail" the "REIT") (TSX: SRT...
About this update from Slate Grocery Reit Class U
[{"type":"text","content":"\n\n\nTORONTO, Sept. 10, 2014 /CNW/ - Slate Retail REIT (\"Slate Retail\" the\n \"REIT\") (TSX: SRT.U / SRT.UN) today announced that it has successfully\n completed the previously announced acquisition of a grocery-anchored\n shopping center located in Cary, North Carolina (Raleigh-Cary MSA).\n\n\nWellington Park was acquired for U.S.$15,500,000 (U.S.$151 per square\n foot). The 102,487 square foot property is 91% occupied and anchored by\n Lowes Foods.\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\n over 30 properties located primarily across the top 50 U.S. metro\n markets. The REIT is focused on maximizing value through internal\n organic rental growth and strategic acquisitions. For more information,\n 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":1676,"tagName":"div"}]