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MAG Capital Partners Buys 410K-SF Ohio Manufacturing Facility
MAG Capital Partners has acquired a 410,858-square-foot Northeast Ohio manufacturing facility in a sale-leaseback with BRT Extrusions, Inc., one of the top full-service aluminum extrusion companies in the Northeastern U.S.
Daniel Macks and Phil DiGennaro of Stream Capital Partners advised the buyer and seller in the transaction. Dallas-based MAG Capital Partners, LLC invests in industrial real estate and operating companies throughout the continental United States.
The factory at 1818 Main Street in Niles, Ohio, is situated on 27.9 acres approximately 20 minutes from Youngstown, Ohio, along the advanced manufacturing and energy Lake to River corridor, and midway between Cleveland and Pittsburgh.
“The facility’s operations are led by a skilled management team that continues to invest in the business and its team of experienced engineers and technicians,” said Dax T.S. Mitchell, principal of MAG Capital Partners. “Additionally, we were impressed with the region’s many economic initiatives and dedication to sustainable growth as an added incentive to invest in the area.”
