Investments (North America)
Outpatient Treatment Center
$27 million existing lease acquisition of outpatient cancer treatment center in Akron, Ohio. The facility is the tenant's largest free-standing outpatient cancer center offering comprehensive treatment, including outpatient infusion services, medical oncology and radiation oncology.
GardenCore
Sale-leaseback of 43 manufacturing facilities across 24 states in the United States triple-net leased to GardenCore, a leading manufacturer of lawn and garden consumables.
PetSmart
Installation of direct-owned solar rooftop on a 620,000-square-foot facility in Arizona, following an initial sale-leaseback in 2001.
Go Auto
$210 million sale-leaseback of 14 automotive dealerships located in top Western Canadian markets. Totaling over 570,000 square feet, the portfolio is triple-net leased to Go Auto, the second largest automotive dealership group in Canada.
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 continuity for the tenant.
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 square feet, was developed and owned in partnership by New Era Companies and WB Development Partners. It is triple-net leased to NewEra Nobis Operations Holdings (NewEra), a rapidly expanding healthcare provider specializing in comprehensive rehabilitation services for patients recovering from debilitating illnesses and injuries.
Novus Foods
W. P. Carey completed the sale-leaseback of a 66,000-square-foot food processing facility in Ohio. The transaction also included a commitment to fund an expansion to the existing facility and a build-to-suit commitment for a new, Class-A distribution facility located on the same campus. Construction is expected to be completed in November 2026. The facility is triple-net leased to Novus Foods, a leader in the refrigerated food and snacks market. With an acquisition-based growth strategy, Novus has acquired and integrated market-leading brands that produce foods that are well positioned in their respective product categories. Novus Foods is backed by private equity firm CapVest and benefits from its significant investment in the company as well as the broader food market.
Plastic Container Manufacturer
$67 million sale-leaseback of three manufacturing facilities in North America.
