[Guelph, ON – December 12, 2022]
On December 12, 2022, Skyline Industrial REIT acquired a newly developed two-tenant industrial property at 6575 68th Avenue SE, Calgary, Alberta.
The property, located in the Great Plains Industrial Park, comprises 301,400 square feet of industrial space on 14.14 acres. It is adjacent to 6600 72nd Ave. SE, a state-of-the-art industrial distribution center, currently 100% leased by Canadian Tire, that the REIT acquired in 2021.
“Skyline Industrial REIT is pleased to announce the acquisition of another modern industrial property located at 6575 68th Avenue SE”, said Mike Bonneveld, President, Skyline Industrial REIT.
“The Great Plains Industrial Park has proven to be a great location where the REIT is well positioned. We hope to continue to provide high quality industrial space for the growing Calgary market, offering large tenants like Purolator Inc. and Canadian tire excellent places to do business.”
Post-acquisition, Skyline Industrial REIT comprises 59 properties in five provinces across Canada, with a total of 9,314,597 square feet of primarily industrial space.
Skyline Industrial REIT (the “REIT”) is a privately owned and managed portfolio of industrial properties, focused on acquiring warehousing, distribution, and logistics-centered properties along major highway corridors and transportation routes in Canada. Skyline Industrial REIT is distributed as an alternative investment product through Skyline Wealth Management Inc. (“Skyline Wealth Management”), the preferred Exempt Market Dealer for the REIT.
Skyline Industrial 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 Industrial REIT, please visit SkylineIndustrialREIT.ca.
To learn about additional alternative investment products offered through Skyline Wealth Management, please visit SkylineWealth.ca.
Skyline Industrial REIT is operated and managed by Skyline Group Of Companies.