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Samsonite Stratford Centre Changing Hands

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The distribution centre for Samsonite Canada in Stratford, Ontario is changing hands. Toronto-based Summit Industrial Income REIT has agreed to acquire 100 percent of the 141,034-square-foot centre home to Samsonite, a global manufacturer and retailer of consumer durable goods. Samsonite has a 12-year lease with contractual escalations for the building, which is a brand new built-to-suit facility with clear 36-foot ceiling heights, and the potential...

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