Edgefront Real Estate Investment Trust Elects Brian Felesky to the Board; Announces June 2015 Cash Distribution, Payable on July 15, 2015
May 26, 2015 at 03:31 am
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Edgefront Real Estate Investment Trust announced that Brian Felesky, CM, QC was elected to the company's Board at the annual and special meeting held May 22, 2015. Mr. Felesky is the past Vice-Chairman, Investment Banking (Canada), of Credit-Suisse. He was a founding partner of Felesky Flynn LP, where he specialized in corporate tax law. Mr. Felesky will serve as a member of the company's Audit Committee.
The company will make June 2015 cash distribution in the amount of $0.01333 per unit, representing $0.16 on an annualized basis, payable July 15, 2015 to unitholders of record as of June 30, 2015.
Nexus Industrial REIT is a Canada-based open-ended real estate investment trust. The Company and its subsidiaries own and operate commercial real estate properties across Canada. It has a portfolio of industrial, office and retail properties in Canada, with a focus on acquiring and owning industrial properties. The Company owns a portfolio of 115 properties (including two properties held for development, in which the Company has an 80% interest) comprising approximately 12.1 million square feet of gross leasable area. Its industrial properties include 11250 - 189 STREET, 3501 GIFFEN ROAD NORTH, 10774 - 42 STREET SE, 261185 WAGON WHEEL WAY, 502-25 AVENUE and others. Its office properties include 127-145 RUE SAINT-PIERRE, 360 RUE NOTRE-DAME WEST, 329 RUE DE LA COMMUNE WEST, 353 RUE SAINT NICOLAS, 410 RUE SAINT NICOLAS and others. Its retail properties include 2000 BOULEVARD LOUIS-FRECHETTE, 250 BOULEVARD FISET AND 240 RUE VICTORIA, 340 RUE BELVEDERE SOUTH and others.