[Guelph, ON – March 31, 2022]
On March 31, 2022, Skyline Commercial REIT? purchased a multi-tenant industrial property at 454 & 468 Innovation Way, Woodstock, ON.
The property comprises 200,060 square feet of industrial space on 12.2 acres. The facilities were built in 2019 and 2020, offer clear heights of 28’, and are 100% leased.
“This transaction is representative of Skyline Commercial REIT?’s strategy to acquire optimally-located, modern industrial assets,” said Michael Mackenzie, President, Skyline Commercial REIT?.
“The property’s proximity to Highways 401 and 403 aligns with our focus on facilities that serve the needs of businesses operating within the warehousing, distribution, and logistics sector. The REIT’s management will continue to identify opportunities for the REIT that can be accretive to unit value such as strategic acquisitions and developments.”
About Skyline Group of Companies
Skyline Group of Companies (“Skyline”) is a fully integrated asset acquisition, management, development, and investment entity.
It is comprised of companies that provide services in real estate management and development, as well as clean energy management and development.
Skyline currently manages more than $5 billion across its real estate and clean energy platforms.
With more than 1,000 employees across Canada, Skyline works to provide safe, clean, and comfortable places for tenants to call home, great places to do business, sustainable solutions for a greener future, and an engaging experience for its investors.
View Skyline’s 20th Anniversary celebration video to see how Skyline is grounded in real estate, powered by people, and growing for the future.
For more information about Skyline Group of Companies, please visit SkylineGroupOfCompanies.ca.
About Skyline Commercial REIT?
Skyline Commercial REIT? (the “REIT”) is a privately owned and managed portfolio of commercial properties, focused on acquiring industrial and logistics-centred properties along major highway corridors and transportation routes in Canada.
Skyline Commercial REIT? is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth”), the exclusive Exempt Market Dealer for the REIT.
Skyline Commercial REIT? is committed to providing outstanding places to do business and superior service to its tenants, while surfacing value with a goal to deliver stable returns to its investors.
To learn more about Skyline Commercial REIT?, please visit SkylineCommercialREIT.ca.
To learn about additional alternative investment products offered through Skyline Wealth, please visit SkylineWealth.ca.
Skyline Commercial REIT? is operated and managed by Skyline Group of Companies.
For media inquiries, please contact:
Vice President, Corporate Marketing & Communications, Skyline Group of Companies
5 Douglas Street, Suite 301
Guelph, ON N1H 2S8
(519) 826-0439 x 243