Skyline Retail REIT Acquires 5-Property Portfolio in London, ON

Posted On September 28, 2018

On September 28, 2018, the Skyline Retail REIT, a privately-owned and managed portfolio of retail properties across Canada, announced the acquisition of a 5-property portfolio of assets located in the city of London, ON.

Property Address

Notable Tenant Service Types

Total Square Footage

Purchase Price

1, 7, 11 Baseline Road East, London, ON

Grocery; Dollar Store; Bank

60,744

$14.2M

1201 Oxford Street West, London, ON

Pharmacy; Bank

34,066

$13.75M

387-401 Wellington Road, London, ON

Grocery; Dollar Store; Restaurant

139,600

$33.55M

509 Commissioners Road West, London, ON

Grocery; Pet Store; Restaurant

94,140

$24.3M

1030 Adelaide Street North, London, ON

Grocery; Bank; Restaurant

80,938

$14.8M

Together, the portfolio comprises 409,488 square feet of retail space. The total purchase price was $100.6M.

Introduced in 2013, the Skyline Retail REIT is fully managed and operated by the Skyline Group of Companies, a Guelph, ON-based real estate acquisition, management, and investment firm.