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Angelo Gordon Acquires Triple-Net Ohio Headquarters
Brown Gibbons Lang & Company recently closed on the sale-leaseback of a triple-net-leased corporate headquarters/warehouse/distribution facilities totaling approximately 150,000 square feet in Findlay, OH. Terms weren’t disclosed.
The properties are occupied by Rowmark, LLC, a portfolio company of Windjammer Capital Investors and were purchased by a wholly-owned subsidiary of Angelo Gordon. BGL’s Real Estate Advisors team served as the exclusive financial advisor to Windjammer in the transaction.
Rowmark is a leading global manufacturer and distributor of custom, highly engineered engravable extruded plastic sheet and accessories used in highly diverse applications for the signage, engraving, trophy & awards, and craft markets.
The company’s products are sold through a diverse network of distributors in more than 80 countries. Proceeds from the transaction were used to support an expansion of the Findlay facility and pay down debt.
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition
- ◦Lease