W.P. Carey closes on $70M sale-leaseback

Jul. 08, 2019 7:43 AM ETW. P. Carey Inc. (WPC)WPCBy: Liz Kiesche, SA News Editor4 Comments
  • W.P. Carey (NYSE:WPC) completes transaction for a food production and distribution site in the northeastern U.S.
  • Site consists of six buildings totaling more than 400K square feet, which are triple-net leased under a master lease for 25 years to an industry-leading supplier of ice cream and beverages.
  • The site has served as the tenant's headquarters and primary production facility since its founding.

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