DWG Capital Partners acquired a mission-critical manufacturing portfolio in northwest Michigan via a sale-leaseback deal with Kalkaska Screw Products.
Totaling 49,000 square feet on 13.44 acres, the neighboring facilities are located in the Traverse City metropolitan area at 775 Rabourn Road, 4186 US 131 N and 4085 US 131 in Kalkaska, Michigan.
Founded over 40 years ago, employee-owned Kalkaska Screw Products manufactures highly engineered machined components primarily for the automotive, aerospace, and heavy truck industries.
Whenever possible, DWG Capital Partners works with local lenders. The loan was placed with Brent Lowell, CCUE, vice president of Commercial Lending at Community Choice Credit Union.
Luke Timmis, Griffin Pitcher, Cade Kozlowski, and Mark Woods with Signature Associates represented the seller.
