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NKF Arranges Industrial Sale-Leaseback in Southeast WI
NKF has arranged the sale-leaseback of 1343 27th St. in Caledonia, WI on behalf of the buyer, an undisclosed publicly-traded investment company. Pricing was not disclosed. The acquisition of the 53,680-square-foot industrial property includes a long-term leaseback to the tenant.
Sergio Chapa and Corey Chase of NKF assisted the buyer with its site selection and negotiations. Chapa and Chase ultimately helped the undisclosed investment company secure the Caledonia asset due to location and favorable terms, including a new long-term lease with the tenant. Jon Henderson of Jon Henderson Real Estate represented the seller and tenant in the transaction.
“This asset is a great addition to the firm’s portfolio, given the location of the facility and the strength of the tenant,” said Chase. “The buyer also liked the ongoing growth and low vacancy rates in southeast Wisconsin, and this building checked all the boxes for them.”
For comments, questions or concerns, please contact Paul Bubny
- ◦Sale/Acquisition
- ◦Lease
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