Commercial Real Estate

Skyline Commercial REIT in its $67 million industrial property acquisition

Skyline Commercial REIT

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On July 12, 2021, Skyline Commercial REIT completed its $67 million purchase of a 500,000 square foot single-tenant industrial distribution centre located in southeast Calgary. Post-acquisition, Skyline Commercial REIT comprises 88 properties in 34 communities in five provinces across Canada, with a total of 8,173,481 square feet of commercial space.

Skyline Commercial REIT is a privately owned and managed portfolio of commercial properties.

Osler, Hoskin & Harcourt LLP advised Skyline Commercial REIT with a team led by Riley Whitlock and consisting of Luke Stretch (Real Estate).

Value
$67 million
Date Closed
July 12, 2021
Lead Office
Calgary
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