Pier 4 announces the successful acquistion of a mid-rise, multi-residential building comprising of 18 townhomes located in Moncton, New Brunswick (“the Property”). The Property is situated on ~1.0 acres of land in a bedroom community in the city of Moncton. The building offers 1 one-bedroom, 5 two-bedroom and 12 three-bedroom apartments.

“The acquisition marks as the fourth property located in Moncton, New Brunswick. This acquisition allows Pier 4 REIT to grow its diversification of rental suites in a strong, stable and reliable rental market”. – Darrell Ashby, President, Pier 4 Real Estate Investment Trust.