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.
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.
Morrisons
£51 million existing lease acquisition of two grocery stores and associated petrol stations in the U.K.
HanesBrands, Inc.
$94 million acquisition of Class-A distribution facility leased to one of the largest global apparel manufacturers.
EoS Fitness
$42 million acquisition of three state-of-the-art fitness facilities in Arizona from developer.
Harbor Freight
$115 million expansion of mission-critical distribution facility supports growing tenant.