Plaza Retail REIT (TSX:PLZ.UN) acquired 1000 Islands Mall property in Brockville for CAD 14 million on January 11, 2018. Plaza Retail REIT satisfied the purchase price through $4.9 million in cash and a new $9.1 million borrowing facility at a cost of prime plus 1.25%. Plaza Retail REIT had obtained a $14.9 million secured non-revolving construction credit facility relating to the acquisition. Plaza Retail REIT (TSX:PLZ.UN) completed the acquisition of 1000 Islands Mall property in Brockville on January 11, 2018.