Slate Retail REIT (TSX:SRT.UN) completed the acquisition of Norwin Town Square in Pennsylvania from Colony Holding Company.
January 11, 2017
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Slate Retail REIT (TSX:SRT.UN) agreed to acquire Norwin Town Square in Pennsylvania from Colony Holding Company for $18.9 million on December 7, 2016. The purchase price corresponds to a rate of $129 per square foot. The deal is subject to customary closing conditions, and is expected to be completed in the first quarter of 2017.
Slate Retail REIT (TSX:SRT.UN) completed the acquisition of Norwin Town Square in Pennsylvania from Colony Holding Company on January 11, 2017.
Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties (the properties) in the United States of America (the U.S.). Its objectives are to provide unitholders with stable cash distributions from a portfolio of grocery-anchored real estate properties in the United States. The REIT owns and operates real estate infrastructure across U.S. metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.
SLATE GROCERY REIT 
