NEXUS INVESTOR PRESENTATION
2022 YTD Acquisitions
Date Closed
City
GLA
(at share)
Purchase
Price
Cap
Rate
January 12, 2022
Regina, SK
180,000 sf
$28MM
February 2, 2022
Mascouche, QC
101,000 sf
$28.9MM
February 8, 2022
Edmonton, AB
210,000 sf
$38.2MM
February 22, 2022
2 Properties in
556,000 sf
$91MM
Edmonton, AB
March 1, 2022
Edmonton, AB
72,000 sf
$14.6MM
March 1, 2022
3 Properties in
London, ON
342,000 sf
$35.7MM
July 11, 2022
Quebec City, QC
94,000 sf
$18.9MM
Total Closed Deals
10 Properties
1,555,000 sf
$255.2MM
5.2%
NEXUS
INVESTOR PRESENTATION SEPTEMBER 2022
Highlights
Acquired a large bay multi-tenant industrial building in Regina, SK with
long-term leases to strong credit tenants. The property includes 21 acres
of excess land where the REIT is planning on developing a new
distribution center.
The REIT acquired a brand new single-tenant industrial distribution center
leased to St Hubert, with a long-term lease commencing on the acquisition
date.
Acquired a single-tenant distribution center in Edmonton, AB. The location
was built in 2016 and is leased to Acropolis Warehousing.
Acquired two single-tenant industrial buildings in Edmonton, AB. Both
have long-term leases in place to a strong covenant logistics tenant.
Acquired a multi-tenant industrial property in Edmonton, AB. The location
was built in 2007 and the major tenant is Lee Valley Tools.
Acquired three industrial buildings in London, ON. $22.3MM of the
purchase price was satisfied by the issuance of Class B LP Units.
Acquired a single tenant industrial building in Quebec City, QC. The
property has a long-term lease in place with Corbec Inc that does not
expire until 2041.
The REIT has closed on the acquisitions of 10 industrial properties
as of September 1, 2022.
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