Preferred Freezer assets sold to GMAC

Properties scattered across United States
Published on Aug 17, 2005

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by CareyBot

Marcus & Millichap arranged the sale/leaseback of the Preferred Freezer 12-property portfolio to General Motors Acceptance Corp. for $261 million. Under the sale-leaseback agreement, Preferred Freezer will lease the properties for 25 years with subsequent five-year options. With the bond-type ...