Slate Grocery REIT T.SGR

Primary Symbol: T.SGR.UN Alternate Symbol(s): SRRTF

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Slate Grocery REIT (the REIT) is a Canada-based open-ended mutual fund trust. The REIT focuses on acquiring, owning, and leasing a portfolio of grocery-anchored real estate properties. The REIT has a portfolio that spans 15.2 million square feet of GLA and consists of 116 critical real estate properties located in the United States of America. The REIT owns and operates real estate infrastructure across United States metro markets. The Company's properties include Centerplace of Greeley, River Run, Sheridan Square, Flamingo Falls, Northlake Commons, Countryside Shoppes, Creekwood Crossing, Skyview Plaza, Riverstone Plaza, Fayetteville Pavilion, Clayton Corners, Apple Blossom Corners, Hillard Rome Commons and Riverdale Shops, Hocking Valley Mall, North Lake Commons, Eastpointe Shopping Center, Flower Mound Crossing, North Augusta Plaza, among others. The REIT's investment manager is Slate Asset Management (Canada) L.P.

TSX:SGR.UN - Post by User

Slate Grocery REIT

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Comment by x_ploreron Nov 03, 2010 11:00pm

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Post# 17654741

RE: SGX

The Tully property is in one of the worst swamps in Timmins. When Black Pearl drilled there they tried to drill a couple of extra shifts during spring breakup and they ended up paying standby charges for all the equipment until the next winter. When they went back after 9 months the equipment had to be dug out.
They have 3k of road the build in this swamp then they have to make a ramp through the swamp to get to bedrock. I do not know how they would be able to control the ground water without installing a freeze wall.

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