Exterior of a building, metal siding with a wooden roof outcropping covering the sidewalk. Plants are for sale on the sidewalk.

Existing Lease Acquisitions

W. P. Carey acquires operationally critical, single-tenant properties with long-term net leases across North America and Europe. By acquiring existing net leased assets that meet our investment criteria, we provide liquidity to property owners while offering tenants the stability of a long-term institutional landlord.

Who we work with

These investments most often are used as an exit strategy for owners looking to monetize stabilized, net leased real estate. Common sellers are:

  • Finite life funds seeking to realize value at or ahead of the liquidation of a fund
  • Private equity sponsors exiting fully or partially realized investments
  • Developers monetizing newly constructed or stabilized assets
  • Real estate investors rebalancing portfolios or reallocating capital

In these transactions, ownership of the real estate transitions to W. P. Carey, while tenants continue operating under their existing long-term leases.

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Why W. P. Carey

  • 50+ years of experience acquiring existing net leased properties
  • All-equity buyer
  • Ability to transact efficiently across asset types and geographies
  • Long-term ownership mindset aligned with tenant operations
  • Flexible capital to support future redevelopment, expansion or energy initiatives through our Carey Tenant Solutions platform

If you are evaluating exit options for a net-leased property—or seeking a long-term owner for a stabilized asset—contact our team to discuss potential solutions

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Featured investments

A gym with rows of treadmills and large windows

Life Time Fitness

$322 million acquisition of 10 fitness facilities net leased to premium lifestyle brand and fitness operator. The acquisition funded the exit strategy for an institutional investor while preserving

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NewEra

W. P. Carey completed the $137 million acquisition of four inpatient rehabilitation facilities (IRFs) located in Indiana, Louisiana, Wisconsin and Kansas. The portfolio, totaling approximately 191,000

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Solar Module Manufacturer

Acquisition of Class A industrial facility in Infill Dallas Fort-Worth.