Business NewsMarketWire • Slate Retail REIT Announces the Sale of Five Food Lion Grocery Anchored Assets

Slate Retail REIT Announces the Sale of Five Food Lion Grocery Anchored Assets

Slate Retail REIT Announces the Sale of Five Food Lion Grocery Anchored Assets

TORONTO, ON--(Marketwired - June 27, 2016) - Slate Retail REIT (TSX: SRT.U) (TSX: SRT.UN) (the "REIT"), an owner and operator of U.S. grocery anchored real estate, announced that it has entered into a binding agreement to sell a portfolio of five Food Lion anchored assets (the "Food Lion Portfolio"). The Food Lion Portfolio includes Madison Plaza, Lovingston Plaza and Bowling Green Plaza, each located in Virginia, Gaston Marketplace located in South Carolina and Triangle Food Lion located in North Carolina.

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