W.P. Carey (NYSE: WPC) engaged Irving, TX-based Forterra in a sale leaseback transaction that will keep the multinational manufacturer of concrete and clay building products and its subsidiaries in 49 of its facilities throughout North America for a period of 20 years.
An internally-managed net lease REIT headquartered in New York City, WPC paid $217 million, or approximately, $54 per square foot, for the four million-square-foot portfolio, which...
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