Pro Real Estate Investment Trust announced the completion of its previously announced acquisition of a 100% interest in light industrial buildings in Atlantic Canada for $42.5 million in addition to the completion of its previously announced acquisition of a 100% interest in eight light industrial buildings in Winnipeg, Manitoba for $32.3 million. The five single-tenant light industrial properties are located in four of Atlantic Canada's major cities and represent 430,000 square feet of gross leasable area ('GLA'). The aggregate purchase price of $42.5 million before closing costs represents a going in capitalization rate of approximately 6.3%. The purchase price is substantially financed from the proceeds of a new $29.0 million 5-year first mortgage at a rate of 3.03%, with the balance satisfied with cash on hand and operating facilities of $13.5 million available as a result of the recent $50.0 million private placement of equity.