Soft footballs? Facts seem pretty soft too
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Rio.Can pays $31.5 million for rest of Leaside Ctr
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On January 15, 2015, RioCan completed the acquisition of the remaining 50% interest in RioCan Leaside Centre, in Toronto, Ontario from Kimco Realty Corporation (“Kimco”). This 133,000 square foot new format centre is anchored by Canadian Tire. Other tenants include PetSmart, Pier One Imports, and Alexanian Carpet & Flooring. The property is very well located at the corner of Eglinton Avenue and Laird Avenue along the Eglinton Light Rail (“LRT”) line, currently under construction. The site is planned to host a secondary entrance to the LRT stop at the southeast corner of Eglinton Avenue and Laird Avenue. The 50% interest in the centre was acquired from Kimco at a purchase price of $31.5 million, which equates to a capitalization rate of 5.5%. RioCan assumed Kimco’s $16.5 million interest in the debt on the property, which carries an interest rate of 3.3% and matures in 2017.
Eglinton LRT tunnel boring reaches Allen Road
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Hodgson rink to open early for Friday PD Day
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“National costume” stuns Canada and the world
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Minor injuries to 4 in North York school accident
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Leaside’s Pat and Bobbi Cochar are profiled
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BA customer denounces “filth class” seating
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A first-class passenger on British Airways from London to St. Lucia has posted a video of what is certainly a filthy-looking seat. Things are tough at the airlines and BA has had additional woes with a particularly fractious union. Welcome aboard friends.

