Granite Real Estate Investment Trust doubled the size of its credit facility to give it 1.5 billion Canadian dollars of liquidity while announcing a deal valued at 68.9 million U.S. dollars to buy a warehouse distribution centre leased to e-commerce company Radial in greater Atlanta.
Granite Expands Liquidity to $1.5 Billion, Makes Latest Move in Atlanta Region
Toronto-Based REIT Doubles Credit Facility While Spending on Warehouse Distribution Facility
By Garry Marr
CoStar News
April 1, 2021 | 9:38 P.M.
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- Gardner Logistics Park
3090 Highway 42, Locust Grove, GA
- Companies