Recent Closing - Industrial Sale-Leaseback deal in Wisconsin

[Geoff Stuhr]

Investment Info:

Industrial industrial investment investment in West Allis.

83,000 sq ft
Flex Industrial
Sale-leaseback

What made you interested in investing in this type of deal?

High yield

How did you find this deal and how did you negotiate it?

Off-market through broker relationship

How did you finance this deal?

Local bank

How did you add value to the deal?

Bought with below market rent in a market that has over 98% occupancy. It's currently leased at $3.95/ft when the market is between $5.50-$6/ft