Cleveland, Ohio-

October 2019

Premier Commercial Realty is pleased to announce the financial closing of the sale-leaseback of an 84,450 square foot NNN Leased industrial facility in Arkansas. The project was owned by a Midwest-based manufacturing and distribution company with various production facilities across the country.The property was acquired by a nationally active private equity real estate group.

 

This transition will allow the prior owner to reallocate the proceeds into the business while continuing to operate at their current location and minimize their future financial investment in the property. Premier Commercial Realty’s experience with sale-leasebacks and their strong emphasis on relationships helped to expedite this process for both satisfied parties.

ABOUT PREMIER DEVELOPMENT PARTNERS:

Premier Development Partners is a full-service, privately held design-build, construction, investment, and commercial real estate company with a distinguished resume and reputation. As a full-service developer, our experience and expertise speaks for itself. To date, the principals of Premier have built over 100 buildings, purchased and developed over 1000 acres of land, and built over 12 business parks totaling over 11 million square feet in excess $1 billion dollars.