Description

• 70,000 square foot office headquarters sale-leaseback that was acquired as part of a 3-building portfolio from the well-known auto parts manufacturer.
• We were able to structure an advantageous deal for Delco Remy by providing them needed capital and improving their balance sheet through the sale and leaseback of their corporate HQ.
• The acquisition was part of a 3-building acquisition which included two vacant buildings that were purchased with the intent of repurposing with new tenants.