Business News • MarketWire • Slate Retail REIT Announces the Purchase of Duluth Station in Georgia |
Slate Retail REIT Announces the Purchase of Duluth Station in Georgia |
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Slate Retail REIT Announces the Purchase of Duluth Station in Georgia
TORONTO, ON--(Marketwired - August 04, 2017) - Slate Retail REIT (TSX: SRT.U) (TSX: SRT.UN) (the "REIT"), an owner and operator of U.S. grocery-anchored real estate, announced today that it has entered into a binding agreement to acquire Duluth Station (the "Property") for U.S. $9.75 million ($103 per square foot). The Property is 81% occupied, is Publix-anchored and is located in the Atlanta Metropolitan Statistical Area. Closing is expected to be completed in the third quarter of 2017 and remains subject to customary closing conditions.
View More : http://www.marketwired.com/mw/release.do?id=2229091&sourceType=3
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