Nexus Industrial REIT Mourns the Death of Trustee Louie DiNunzio
July 11 2024 - 4:00PM
Nexus Industrial REIT (“Nexus” or the "REIT") (TSX: NXR.UN) is
deeply saddened by the sudden passing of Board Trustee Louie
DiNunzio on June 1, 2024, and offers its sincere condolences to his
family and friends.
Mr. DiNunzio served on the Nexus Industrial REIT
Board of Trustees with distinction since October 2021. He chaired
the Governance, Compensation, and Nominating Committee.
Mr. DiNunzio was an expert in operations,
finance and governance in the real estate industry, and his
contributions as a Trustee were greatly valued. The Board highly
respected and appreciated the extensive experience that he brought
to the boardroom table. He was also a great mentor to the REIT’s
executives, offering counsel and advice freely.
Louie will be greatly missed by the Directors,
executives, and all employees of Nexus Industrial REIT who
benefited from having worked with him.
The Board will be looking to fill the vacancy
and will be evaluating candidates in due course.
About Nexus Industrial REIT
Nexus is a growth-oriented real estate
investment trust focused on increasing unitholder value through the
acquisition of industrial properties located in primary and
secondary markets in Canada and the ownership and management of its
portfolio of properties. The REIT currently owns a portfolio of 119
properties comprising approximately 13.0 million square feet of
gross leasable area.
For further information please contact:
Kelly C. Hanczyk, CEO at (416) 906-2379; orMike
Rawle, CFO at (289) 837-2650.