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CT REIT Taking Back Lease from Sears Canada

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Canadian Tire Corp.'s real estate investment trust arm, CT REIT, is taking back the distribution centre it leased to Sears Canada in 2016. A product of the retailer’s bankruptcy, CT Real Estate Investment Trust said Jan. 10 it had received from Sears Canada Inc. a notice to disclaim the 625,000-square-foot distribution centre located at 25 Dufferin Place SE and a 30,000-square-foot building located at 5500 Dufferin Boulevard SE. CT REIT said...

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