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CCH C2C Industrial Properties

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Share Name Share Symbol Market Type
C2C Industrial Properties TSXV:CCH TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

C2C Industrial Properties Inc. Acquires Development Land in Burnside Nova Scotia

11/02/2013 4:22pm

Marketwired Canada


C2C Industrial Properties Inc. ("C2C" or the "Company") (TSX VENTURE:CCH)
announced today that it has acquired a piece of development land, in Halifax,
Nova Scotia, at a price of approximately $200,000 per acre. The purchase price
was paid in cash. 


The Property is a site of approximately 5 acres well-located within the Burnside
Industrial Park, where C2C owns over 600,000 SF of industrial buildings occupied
by 90 tenants. "The acquisition of a development site in proximity to its
current building portfolio positions the Company to create value from its
existing tenant base. This action is consistent with C2C's strategic direction
of providing current income and access to higher yielding development activity"
commented Chris Ross, President of C2C.


About C2C Industrial Properties Inc. 

C2C is a real estate investment corporation specializing in the acquisition,
ownership and operation of light industrial properties across Canada. C2C
currently owns 24 industrial assets totalling approximately 2.1 million square
feet of gross leasable area. More information about C2C (CCH: TSX-V) is
available at www.c2cip.com.


Forward Looking Statements

This document contains forward-looking statements relating to C2C and the
industry in which it operates and its strategy, action plans and investments,
which may involve estimates, forecasts and projections. These statements are not
guarantees of future performance and involve risks and uncertainties that are
difficult to predict and/or are beyond C2C's control. Consequently, readers
should not place any undue reliance on such forward-looking statements. These
forward-looking statements are made as of the date of this press release. C2C is
under no obligation to update any forward-looking statements contained herein
should material facts change due to new information, future events or other
factors, unless otherwise required to do so by applicable law. All
forward-looking statements attributable to C2C are expressly qualified by these
cautionary statements. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
C2C Industrial Properties Inc.
Christopher Ross
President
(416) 646-7353
cross@c2cip.com

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