Slate Grocery REIT (TSX:SGR.UN) entered into an agreement to acquire Portfolio of Five Grocery-Anchored Assets for $54.3 million on January 11, 2021. Slate Grocery will pay $137 per square feet for 396,471 square feet property. The transaction deploys a significant portion of the capital raised from the REIT’s most recent equity offering. The acquisition is expected to be completed in the first quarter of 2021 and remains subject to customary closing conditions.