Slate Office REIT to Acquire Suburban Office Complex for $95 Million

Slate Office REIT ((TSX: SOT.UN), an open-ended real estate investment trust that currently owns 35 real estate properties primarily across Canada's major population centres, has entered into an agreement to acquire Commerce West in Etobicoke, Ontario from Dream Unlimited for $95 million, or approximately $231 per square foot. Commerce West is a 411,842-square-foot suburban office complex comprised of two 11-story towers connected via a single...