True North Commercial Real Estate Investment Trust Announces Sale Of 5900 Explorer Drive, Mississauga

by benzinga.com posted 3weeks ago 7 views
/NOT FOR DISTRIBUTION IN THE U.S. OR OVER U.S. NEWSWIRES/ TORONTO, June 1, 2021 /CNW/ - True North Commercial Real Estate Investment Trust (TSX:TNT) (the "REIT") is pleased to announce it has completed the sale of a 40,000 square foot office property located at 5900 Explorer Drive, Mississauga, Ontario (the "GTA Property") for the sale price of $11.9 million, excluding transaction costs. The REIT intends to use the net proceeds for general trust purposes and future acquisitions.

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