www.pmmag.com/articles/88816-investment-firm-acquires-warehouses-from-plumbmaster
Investment Firm Acquires Warehouses From Plumbmaster
April 9, 2004
Investment firm W.P. Carey & Co. LLC acquired two warehouse facilities from Plumbmaster for $9.8 million, to be leased back to Plumbmaster.
Investment firm W.P. Carey & Co. LLC acquired two warehouse facilities from Plumbmaster for $9.8 million. The warehouses -- located in Oceanside, Calif., and Concordville, Pa. -- will be leased to Plumbmaster under a 20-year triple-net lease with two, 10-year renewal options.
Investment firm W.P. Carey & Co. LLC acquired two warehouse facilities from Plumbmaster for $9.8 million. The warehouses -- located in Oceanside, Calif., and Concordville, Pa. -- will be leased to Plumbmaster under a 20-year triple-net lease with two, 10-year renewal options.
The transaction was part of Bradford Equities Management's purchase of Plumbmaster.
