Nexus Industrial REIT (TSX:NXR.UN) acquired 141,534 square foot industrial property located in Burlington, Ontario for CAD 48.4 million.
August 10, 2023
Share
Nexus Industrial REIT (TSX:NXR.UN) acquired 141,534 square foot industrial property located in Burlington, Ontario for CAD 48.4 million on July 4, 2023. The purchase price was settled in cash from borrowings under the REIT?s Credit Facilities.
Nexus Industrial REIT (TSX:NXR.UN) completed the acquisition of141,534 square foot industrial property located in Burlington, Ontario on July 4, 2023.
Nexus Industrial REIT is a Canada-based open-ended real estate investment trust. The Company and its subsidiaries own and operate commercial real estate properties across Canada. It has a portfolio of industrial, office and retail properties in Canada, with a focus on acquiring and owning industrial properties. The Company owns a portfolio of 115 properties (including two properties held for development, in which the Company has an 80% interest) comprising approximately 12.1 million square feet of gross leasable area. Its industrial properties include 11250 - 189 STREET, 3501 GIFFEN ROAD NORTH, 10774 - 42 STREET SE, 261185 WAGON WHEEL WAY, 502-25 AVENUE and others. Its office properties include 127-145 RUE SAINT-PIERRE, 360 RUE NOTRE-DAME WEST, 329 RUE DE LA COMMUNE WEST, 353 RUE SAINT NICOLAS, 410 RUE SAINT NICOLAS and others. Its retail properties include 2000 BOULEVARD LOUIS-FRECHETTE, 250 BOULEVARD FISET AND 240 RUE VICTORIA, 340 RUE BELVEDERE SOUTH and others.
NEXUS INDUSTRIAL REIT 
