STREAM Capital Partners recently completed the $11.42 million sale of a multi-market industrial portfolio sale leaseback on behalf of Civitas Media.
The portfolio contains six properties, which total approximately 234,000 square feet in Ohio, North Carolina, Pennsylvania and Missouri. The seller, whose name was not provided, will be leasing the building back from its new owner on a long term triple net lease with periodic increases and multiple renewal options. The Buyer was a REIT.
Jonathan Wolfe and Jordan Shtulman, anaging principals of STREAM Capital Partners, represented the seller.