Investment firm W. P. Carey & Co. LLC has acquired the corporate headquarters and three industrial facilities of UTEX Industries Inc. in Houston, Texas.
The value of the transaction was approximately $14.7 million.
UTEX, a designer and manufacturer of sealing products, will use the proceeds from the sale-leaseback to strengthen its balance sheet and support growth initiatives.
The total square footage of the properties was not disclosed.
Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.
Forgot your username? If so please contact customer support at (510) 658-9252
Password Reset Instructions have been sent to
Please contact the parent account holder or Inman customer service @ 1-800-775-4662 customerservice@inman.com.
Coalesce's Select Membership is no longer active. Sign up for Individual Select membership today.
Please update your billing information to reactivate your membership.
You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.
