JLL Canada Capital Markets - Spotlight 2018 2018 Capital Markets Spotlight | Page 38

Retail Walmart Anchored Retail Portfolio Various Locations Across Ontario and Québec Address 4 Ontario locations in Leamington, New Liskeard, Trenton, Belleville and 2 Québec locations in Lachute and Ste. Hyacinthe Property Type Power Centre Retail Close Date Nov-2018 Sale Price $107,600,000 Area (sf) 971,812 $PSF $111 Vendor RioCan REIT Purchaser Econo-Malls • Six Walmart Supercentre anchored retail centres totaling GLA of 971,812 sf, with a strong roster of national tenancies that represented 98% of the portfolio’s GLA • The properties were all strategically located on major arterial thoroughfares with excellent visibility and traffic flow in their respective communities Matthew Smith Nick Macoritto [phone] [phone] [email protected] [email protected] Mark Sinnett [phone] [email protected] 38 Yann Charles [phone] [email protected] Mark Leshchyshyn [phone] [email protected]