May 8, 2018 / 10:51 PM / in 2 months

BRIEF-Summit Industrial Income REIT Announces Sale Of 4 Properties, Special Distribution For About $46.4 Million

May 8 (Reuters) - Summit Industrial Income REIT:

* SUMMIT INDUSTRIAL INCOME REIT ANNOUNCES SALE OF FOUR PROPERTIES AND SPECIAL DISTRIBUTION

* SUMMIT INDUSTRIAL INCOME REIT - AGREED TO SELL 75 PERCENT INTEREST IN FOUR PROPERTIES TO CANADIAN INSTITUTION FOR ABOUT $46.4 MILLION

* SUMMIT INDUSTRIAL INCOME REIT - PROCEEDS OF SALE WILL BE USED TO REDUCE REIT’S REVOLVING OPERATING CREDIT FACILITY AND FOR FUTURE ACQUISITIONS Source text for Eikon: Further company coverage:

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