Business News • MarketWire • Slate Retail REIT Announces the Purchase of Eustis Village in Florida |
Slate Retail REIT Announces the Purchase of Eustis Village in Florida |
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Slate Retail REIT Announces the Purchase of Eustis Village in Florida
TORONTO, ON--(Marketwired - April 22, 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 Eustis Village (the "Property") for U.S. $23 million ($147 per square foot). The Property is 97% occupied, is Publix- anchored and is located in the Orlando Metropolitan Statistical Area. Closing is expected to be completed in the second quarter of 2017 and remains subject to customary closing conditions.
View More : http://www.marketwired.com/mw/release.do?id=2211282&sourceType=3
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