Investment firm W. P. Carey & Co. acquired eight manufacturing facilities totaling more than 2 million square feet located in seven states and Canada.

The total value of the transactions was $37.7 million.

A North American manufacturer of residential exterior building products sold the portfolio.

The facilities, located in Calgary, Alberta; Kearney, Mo.; York, Neb.; Fair Bluff, N.C.; Wallbridge, Ohio; Middlesex, Pa.; Rocky Mount, Va. and Martinsburg, W.V., were acquired through a sale-leaseback transaction.

***

What’s your opinion? Send your Letter to the Editor to opinion@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top