Skyline Commercial REIT Archives | Skyline Industrial REIT

Skyline Commercial REIT, a privately owned and managed portfolio of industrial properties across Canada, recently completed its fourth sizable transaction for 2022. On January 31, 2022, the REIT sold a six-property portfolio in Cambridge, Ontario. The properties total 291,019 square feet of industrial space. The transaction was brokered by JLL. Property Address Square Footage 15 Sheldon Drive, Cambridge, Ontario 31,139 101 Sheldon Drive, Cambridge, Ontario 78,785 131 Sheldon Drive, Cambridge, Ontario 58,014 1177 Franklin Boulevard, Cambridge, Ontario 50,456 1195 Franklin Boulevard, Cambridge, Ontario 33,583 1425 Bishop Street North, Cambridge, Ontario 39,042 291,019 The total sale price for the properties was $58.2M. The portfolio was sold to KingSett Real Estate Growth LP No. 7. "Skyline Commercial REIT management is pleased to announce this successful transaction with KingSett Capital," said Michael Mackenzie, President, Skyline Commercial REIT. “The REIT maintains a strong presence in the city of Cambridge with three properties totaling 223,583 square feet of industrial space.” 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 Management”), 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 about additional alternative investment products offered through Skyline Wealth Management, please visit SkylineWealth.ca. Skyline Commercial REIT is operated and managed by Skyline Group Of Companies. For media inquiries, please contact: Cindy Beverly Vice President, Marketing & Communications Skyline Group of Companies 5 Douglas Street, Suite 301 Guelph, ON N1H 2S8 519.826.0439 x602

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