STREAM Capital Partners, LLC has arranged the sale and leaseback of an industrial facility in Cleveland, Ohio.
The facility is occupied by Midwest Precision, a subsidiary of Tribus Aerospace, and is used for CNC machining of complex configurations for applications in the aerospace, military and defense and precision industrial markets. This is a mission-critical asset for the company and the business has invested significantly into the property.
The private buyer acquired the property and simultaneously entered into a long-term lease with the tenant. Chelsea Mandel and Phil DiGennaro of STREAM Capital Partners represented the seller on the transaction.
