NEW HAMBURG

Skyline Industrial REIT continues its portfolio repositioning with 50+K square foot sale in New Hamburg

Retrieved on: 
Monday, July 18, 2022
REIT, Real estate

"Skyline Industrial REIT has been focused on completing our disposition program and increasing our weighting in the warehousing, distribution, and logistics sector since the process began in 2021, said Mike Bonneveld, President, Skyline Industrial REIT.

Key Points: 
  • "Skyline Industrial REIT has been focused on completing our disposition program and increasing our weighting in the warehousing, distribution, and logistics sector since the process began in 2021, said Mike Bonneveld, President, Skyline Industrial REIT.
  • Skyline Industrial REIT is committed to delivering opportunities that can surface further value for its investors through stable and growing distributions.
  • As of the New Hamburg disposition, Skyline Industrial REIT comprises 53 properties in 32 communities in 5 provinces across Canada, with a total of 6,606,304 square feet of industrial space.
  • *Skyline Industrial REIT was previously Skyline Commercial REIT.

Dunes Point Capital, LP Announces Ehrhardt Automation Systems' Acquisition of SAF Drives Inc.

Retrieved on: 
Thursday, August 5, 2021
SAF, DPC, Automation, Heating, ventilation, and air conditioning, Solution, Steel, Printing, Limited liability company, EAS, Paper

RYE, N.Y., Aug. 5, 2021 /PRNewswire/ -- Ehrhardt Tool and Machine, LLC, dba Ehrhardt Automation Systems ("EAS"), a portfolio company of Dunes Point Capital, LP ("DPC") has acquired SAF Drives Inc ("SAF Drives").

Key Points: 
  • RYE, N.Y., Aug. 5, 2021 /PRNewswire/ -- Ehrhardt Tool and Machine, LLC, dba Ehrhardt Automation Systems ("EAS"), a portfolio company of Dunes Point Capital, LP ("DPC") has acquired SAF Drives Inc ("SAF Drives").
  • Located in New Hamburg, ON, SAF Drives is a provider of automation and controls solutions for customers in the steel, printing, paper, and other process industries.
  • SAF Drives has one facility in Ontario and employs approximately 25 people.For more information, please visit www.safdrives.com .
  • About SAF Drives: Located in New Hamburg, ON, SAF Drives is a provider of automation and controls solutions for customers in the steel, printing, paper, and other process industries.