Algoma Central Corporation Announces Sale of Station Tower in Sault Ste. Marie

September 27, 2017

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ST. CATHARINES, Ontario–(BUSINESS WIRE)–$ALC–Algoma Central Corporation (TSX : ALC) (“Algoma” – announced today it has sold Station Tower, an office building located in Sault Ste. Marie. The net proceeds from the sale were $4.4 million. Station Tower is a 61,000 square foot office building consisting of a diverse mix of commercial and professional services offices. As announced on June 27, 2017, the Company has temporarily suspended efforts to sell the Station Mall in Sault Ste. M

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