Investments (North America)

Showing 1 - 9 out of 25

A gym with rows of treadmills and large windows

Existing Lease Acquisition

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.

Existing Lease Acquisition

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.

Stock photo of a clean, blue and chrome empty processing machine in a factory

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.