Slate Grocery REIT
Slate Grocery REIT is a leading investor in U.S. grocery-anchored real estate, generating growth for unitholders by acquiring well-positioned properties and bringing our value-added skills to bear.
Slate entered this sector after the financial crisis, seeing an opportunity to acquire well performing real estate with high quality tenants at depressed valuations. Our view was that, even in a weaker economy and amid competition from e-commerce, Americans would continue to rely on neighborhood shopping centers for daily needs. We found real value, with properties selling for significantly less than replacement cost and peak value.
Once we own the centers, we roll up our sleeves and find ways to increase rents, improve lease terms and drive occupancy.
That's how our vision creates value.