C2C Industrial Properties Inc. Completes Acquisition of GTA Light Industrial Property

C2C Industrial Properties Inc. ("C2C" or the "Company") (TSX VENTURE:CCH)
announced that it has completed the acquisition of a light industrial
multi-tenant property located in Toronto, Ontario effective as at February 19,
2013. The property contains approximately 177,600 square feet of gross leaseable
area on 7.9 acres of land well-located just west of the Don Valley Parkway and
south of Eglinton Avenue. The site provides excellent access to all Greater
Toronto Area markets, particularly the downtown core. The building is currently
100% occupied by four tenants on multi-year leases. 


The Company paid approximately $11.5 million for the property, representing a
cap rate of 7.2% including all due diligence and closing costs. The purchase
price was satisfied by the assumption of an existing $5.1 million mortgage
maturing on June 1, 2016 and the remainder from its cash on hand. 


"We are pleased to complete our second acquisition of 2013, and look forward to
another year of solid and accretive portfolio growth," commented Chris Ross,
President. 


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 23 industrial assets totalling approximately 2.3 million square
feet of gross leaseable area. More information about C2C (TSX VENTURE:CCH) 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
www.c2cip.com

C2C Industrial Properties (TSXV:CCH)
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