Industrial Realty Group, PREP Funds, CG Real Estate Capital buy Anchor Manufacturing industrial portfolio in Cleveland sale-leaseback
XLRE•Sale-leaseback closes on Cleveland industrial portfolio
Industrial Realty Group, PREP Funds, and CG Real Estate Capital closed a sale-leaseback with Anchor Manufacturing for a three-property industrial portfolio.
The portfolio totals 339,449 square feet on 18.44 acres in Cleveland, Ohio.
Anchor Manufacturing remains at the properties under long-term lease
Anchor entered a long-term master lease and will continue operating its headquarters and manufacturing sites at the properties.
