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CANADA STOCKS-TSX gains on commodities boost, upbeat job data
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3-building warehouse development in Blaine worth $35 million
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TORONTO, June 16, 2021 (GLOBE NEWSWIRE) WPT Industrial Real Estate Investment Trust (the “
REIT”) (TSX: WIR.U; WIR.UN) (OTCQX: WPTIF) announced today that its Board of Trustees has declared a cash distribution for the month of June 2021 of US$0.0633 per unit. The distribution will be payable on July 15, 2021 to unitholders of record as of the close of business on June 30, 2021.
Distributions paid to Canadian unitholders (and other non-U.S. unitholders) generally will be subject to U.S. withholding tax. For a general summary of the taxation of distributions paid to Canadian unitholders, including information regarding U.S. withholding tax, please see the “Certain Canadian Federal Income Tax Considerations”, “Certain U.S. Federal Income Tax Considerations” sections of the REIT’s prospectus dated April 18, 2013, and “Risk Factors – Tax-Related Risks” in the REIT’s most recently filed annual information form, copies of which are available on the SEDAR website at
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Chicago developer Clayco will build a 1 million square foot speculative distribution center in Dayton, Minnesota, company officials announced Tuesday.
The new Cubes at French Lake project will be developed by Clayco s CRG arm and is expected to be completed sometime in 2022, officials said. Terms were not disclosed. The Cubes at French Lake will be CRG s first super-bulk inventory distribution facility in Minnesota and the largest speculative industrial facility developed in the state, said CRG senior vice president and partner Jeff Lanaghan.
The new building will be at 11500 Lawndale Lane on 65 acres of land that sit next to the new Dayton Parkway Interchange and close to I-94 and Hwy 610. The location is about 35 miles from the Minneapolis St. Paul Airport.
WPT Industrial Real Estate Investment Trust Announces May 2021 Distribution
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