Toronto, ON (openPR) 8 October 2010

Harold Spring President and CEO of Bayfield Realty Advisors Inc. (Bayfield) announced today that together with its partner Can joint venture Rio Real Estate Investment Trust (Rio Can), he has the acquisition of Niagara Square Shopping Centre , a 391,700-square-foot center in enclosed shopping Niagara Falls, Ontario for the price of, 000,000 completed located. It is anchored by a complex of 45 854 square meters and 31,967 square feet Winning Cineplex. Other national tenants include Sport Chek, Future Shop, Jysk, The Brick and Michaels. Bayfield acquires a 70% interest in the property that it will own, in partnership with Rio Can. RioCan is an additional 15% interest in the property who purchase previously a joint venture with RioCan Property? S SVDR partnership. RioCan? S is total participation of 30%. RioCan will continue to serve as a director for the property.

more exciting news announced Bayfield Realty Advisors Inc. (Bayfield) today Wharncliffe Shopping Center, a 60,000 square feet anchored grocery shopping street in London, Ontario sold Rio Can Real Estate Investment Trust. The center was leased to 100%, and tenants include the National Center No Frills, CIBC and Tim Hortons. The center has provided an excellent return safe and consistent investment in Bayfield? Period property and the sale price achieved reflects a gain appropriate and satisfactory Bayfield? Initial investment. The property was sold on the basis of Bayfield? S belief that the proceeds could be used to acquire properties that generate a better return from the sale in Bayfield? S as investors could be achieved in maintaining ownership of the center.

# # #

clear = “all”
Chicago office leasing