Skyline Commercial REIT

Skyline Commercial REIT in its acquisition of a four-property industrial portfolio

Client

Skyline Commercial REIT

Value

$132 million

Service

Real Estate

Date Closed

March 2020

Industry

REITs

Lead Office

Calgary


 

On March 25, 2020, Skyline Commercial REIT announced the acquisition of a four-property industrial portfolio in Calgary, Alberta. The total purchase price was $132 million. Collectively, the portfolio comprises of 11 buildings totaling 1,177,202 square feet of commercial space.  Post-acquisition, Skyline Commercial REIT comprises of 88 properties in 34 communities in five provinces across Canada, with more than 7.6 million square feet of commercial space.

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


Team
Riley Whitlock
Key Contact

Riley Whitlock

Associate, Real Estate

Robert T. Housman

Robert Housman

Partner, Real Estate

Allan Morgan

Allan Morgan

Associate, Corporate

Luke Stretch

Luke Stretch

Articling Student