Halifax real estate developer buys three RONA stores

Three corporate RONA stores in Nova Scotia have been purchased by the new affiliated dealer and local businessman, Adam Barrett of Terraine Capital (shown here). The stores joining Terraine Capital are RONA Halifax, RONA Elmsdale, and RONA Tantallon.

This acquisition means that all RONA stores in the Halifax regional municipality are now dealer-owned. Barrett’s company, Terraine Capital, formerly Blackbay Management and then Terraine Developments, is a real estate management company that owns commercial and residential rental properties in the Halifax area.