JLL Canada Capital Markets - Spotlight 2018 2018 Capital Markets Spotlight | Page 44

Retail Nortown Centre Chatham, ON Address 448 St. Clair St. Property Type Grocery-Anchored Retail Close Date Oct-2018 Sale Price $14,100,000 Area (sf) 71,423 $PSF $197 Vendor Strathallen Capital Corp. Purchaser Skyline REIT • Anchored by a strong performing Food Basics, Nortown Centre is 97% leased to nationally-branded tenants that include Food Basics, Dollar Tree, PartSource and CIBC • Located on the St. Clair St. strip, this node is Chatham’s main arterial thoroughfare with a variety of commercial uses, boasting high traffic counts throughout the day Matthew Smith Nick Macoritto [phone] [phone] [email protected] [email protected] 44 Mark Leshchyshyn [phone] [email protected]