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Bayfield Realty Advisors Announces Acquisition of a 100% Interest in an 8 property portfolio

Monday, February 1, 2016

TORONTO, ONTARIO – (Marketwired – Feb 1, 2016) – Harold Spring, President and CEO of Bayfield Realty Advisors Inc. is pleased to announce the acquisition of a 100% interest in a 51,386 sf 8 property portfolio, comprised of 10 free-standing retail pads in Ontario and Québec for a total price of $15,230,000. The Portfolio is 100% leased and features a weighted average lease term (“WALT”) of more than 5 years. 99% of the Portfolio is leased by national, publicly-traded covenant tenants (Shoppers Drug Mart, Tim Hortons, Harvey’s, Pizza Hut, Scores, Madisons and Carquest). The Portfolio’s tenancy profile comprises three strong retail sectors – food, automotive and pharmacy. COGIR will manage and lease the propertiesand Bayfield will act as asset manager.

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2300 Yonge Street, Suite 904
Toronto, Ontario M4P 1E4

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  • About Bayfield
    • Our Board
  • Our Portfolio
    • Portfolio Summary
  • For Investors
    • Our Investment Strategy
    • Stabilized Properties
    • Development Properties
  • Our Team
  • News
  • Contact Us