TORONTO, Aug. 25, 2014 /CNW/ - Slate Retail REIT ("Slate Retail" the
"REIT") (TSX: SRT.U / SRT.UN) today announced that it has successfully
completed the previously announced acquisition of a grocery-anchored
shopping center located in Norfolk, Virginia.
East Little Creek was acquired for US$9,850,000 (US$141 per square
foot). The 69,620 square foot property is 100 percent occupied and
anchored by Farm Fresh.
About Slate Retail REIT
Slate Retail REIT is an open-ended real estate investment trust focused
on U.S. grocery-anchored real estate. The REIT's portfolio includes
over 30 properties located primarily across the top 50 U.S. metro
markets. The REIT is focused on maximizing value through internal
organic rental growth and strategic acquisitions. For more information,
please visit www.slateretailreit.com.
SOURCE: Slate Retail REIT
For further information:
Chief Executive Officer
416 644 4267
Chief Financial Officer
416 644 4263