Brokerage CB Richard Ellis today announced it arranged the sale/leaseback of a 293,038-square-foot industrial facility in Douglassville, Pa., for an undisclosed price. The seller, CEI Douglassville Inc., sold the property at 447 Old Swede Road to a partnership between Net Lease Advisors and CEI Holdings Inc. The property will be fully triple-net leased for 12 years to CEI Holdings Inc., a provider of supply chain management services to top marketers and retailers in the $36 billion U.S. personal care products industry. The facility is comprised of office, warehouse and laboratory space and is situated on 23 acres. *** What's your opinion? Leave your comments below or send a letter to the editor. ...
Get Inman via Facebook Messenger
Our top headlines delivered once a day.