Massive purchase in Kansas

Future-Proof: Navigate Threats, Seize Opportunities at ICNY 2018 | Jan 22-26 at the Marriott Marquis, Times Square, New York

A manufacturer of industrial and household cleaning products sold and leased back its 572,114-square-foot manufacturing facility in Great Bend, Kan., for an undisclosed amount. CPAC Inc.'s Fuller Brush entity sold the property to STAG Capital Partners and signed a lease to retain occupancy of the space for 18 years. The property is situated on two parcels of land totaling 123 acres at 15 SW 40th Ave. The closing of the sale-leaseback took place contemporaneously with the closing of Buckingham Capital Partners II L.P.'s acquisition of CPAC Inc. ...