/EINPresswire.com/ -- TORONTO, ONTARIO -- (Marketwired) -- 02/01/16 -- Harold Spring, President and CEO of Bayfield Realty Advisors Inc. is pleased to announce the acquisition of a 100% interest in a 51,386 sf 8 property portfolio, comprised of 10 free-standing retail pads in Ontario and Quebec for a total price of $15,230,000. The Portfolio is 100% leased and features a weighted average lease term ("WALT") of more than 5 years. 99% of the Portfolio is leased by national, publicly-traded covenant tenants (Shoppers Drug Mart, Tim Hortons, Harvey's, Pizza Hut, Scores, Madisons and Carquest). The Portfolio's tenancy profile comprises three strong retail sectors - food, automotive and pharmacy. COGIR will manage and lease the properties and Bayfield will act as asset manager.

Contacts:
Bayfield Realty Advisors Inc.
Cemmie Green
416-227-1552
cgreen@bayfieldadvisors.com

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.