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Canadian Tire’s real estate trust buying Sears Canada distribution centre in Calgary

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TORONTO – Sears Canada has decided to sell and lease back a distribution centre in Calgary to Canadian Tire’s real estate trust. CT Real Estate Investment Trust says it’ll spend about $84 million including transaction costs for the location. The Sears rentals are near to two Canadian Tire distribution centres, including one acquired through the rely upon 2014. Related Sears ...

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