Strathallen Completes two Retail Acquisitions in Ontario
|Purchase Activity Update|
|Tuesday, 20 December 2011|
Evergreen Mall is a 78,000 square foot strip centre located at 370 Highland Road in the north west quadrant of Kitchener, Ontario. Anchored by a newly renovated Food Basics, the centre is highly visible from the street and is surrounded by an established residential community. Other tenants include Baskin Robbins, Joey’s Only Seafood, Prudential Grand Valley Realty, Angel’s Diner and various service and convenience uses. Only one unit remains available to lease at 1,098 sf. For more information go to http://strathallen.com/leasing-opportunities/17.html
Bullfrog Mall is a 54,742 sf strip centre located at 380 Eramosa Road in the north end of Guelph, Ontario and is anchored by Food Basics. Other Tenants of the plaza include the Guelph Public Library, Eramosa Physiotherapy, Dollarama, Tim Hortons and Pizza Pizza. The Property is 100% leased to a mix national, regional and local tenants.
These investments represent the second and third acquisitions for Strathallen Retail Property Fund LP No. 3.