An unknown buyer completed the acquisition of 39,420 square foot medical office building in Barrie, Ontario from Firm Capital Property Trust (TSX:FCD.UN).
An unknown buyer completed the acquisition of 39,420 square foot medical office building in Barrie, Ontario from Firm Capital Property Trust (TSX:FCD.UN) on December 29, 2022. The net proceeds from the sale of approximately $2.0 million (net of closing costs) will be used to repay a portion of Firm Capital Property Trust's revolving credit facility. The transaction is immediately accretive to the Trust's AFFO.