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Primaris strikes deal to buy the Lime Ridge Mall in Hamilton for $416 million

Cash-and-equity deal sees Cadillac Fairview divest one of many former Hudson's Bay store locations
Lime Ridge Mall in Hamilton is being sold for $416 million. (CoStar)
Lime Ridge Mall in Hamilton is being sold for $416 million. (CoStar)

Primaris Real Estate Investment Trust has struck a deal to buy the Lime Ridge Mall in Hamilton, Ontario, from Cadillac Fairview for $416 million, the latest purchase by the REIT to acquire enclosed retail centers.

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