Crombie REIT buys four retail properties in Alberta for $132 million

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STELLARTON, N.S. - Crombie Real Estate Investment Trust (TSX: CRR.UN) said Tuesday it is spending $132 million to buy four retail plaza properties in Alberta. The properties are located in Fort McMurray, Lethbridge and Edmonton. Two of the locations are anchored by Sobey's stores, while Safeway and Shoppers Drug Mart anchor the other locations.

Organizations: Crombie Real Estate Investment Trust, TSX, Sobey's Safeway Shoppers Drug Mart

Geographic location: Alberta, STELLARTON, Fort McMurray Lethbridge Edmonton

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