W. P. Carey grows warehouse/distribution portfolio

Sale-leaseback involved in bicoastal deal
Published on Aug 2, 2006

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by CareyBot

W. P. Carey on Tuesday announced that its affiliated income-generating real estate fund, Corporate Property Associates 16 – Global Inc., acquired two warehouse properties located in Ringwood, N.J., and Alameda, Calif., and leased them back to CheeseWorks, a food distributor, under ...