Auto parts manufacturer sells Michigan complex

Uses sales profit to fund other operations
Published on Dec 21, 2006

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by CareyBot

Investment firm W. P. Carey & Co. LLC acquired an approximately 280,000-square-foot office facility in Washington Township, Mich., for an undisclosed price. The company’s affiliated income-generating real estate fund, Corporate Property Associates 16 – Global Incorporated, purchased the two-building property ...