TORONTO, Oct. 24, 2014 /CNW/ - Slate Retail REIT (the "REIT") (TSX:
SRT.U / SRT.UN) today announced that it has successfully completed the
previously announced acquisition of a grocery-anchored shopping centre
located in Fond du Lac, Wisconsin. Forest Plaza was acquired for
U.S.$16.83 million (U.S.$137 per square foot). The 123,028 square foot
property is anchored by Pick 'n Save, a subsidiary of Roundy's
Supermarkets, Inc. (NYSE: RNDY).
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 35 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
<p> </p> <p> Blair Welch<br/> Chief Executive Officer<br/> 416 644 4267 </p> <p> Brady Welch<br/> Chief Financial Officer<br/> 416 644 4263 </p>