W.P. Carey closes GardenCore 43-property sale-leaseback transaction
سي ار اتش
دبليو. بي. كاري
CRH public limited company CRH | 0.00 | |
W. P. Carey Inc. WPC | 0.00 |
- W. P. Carey closed May 8 sale-leaseback of 43-property U.S. manufacturing portfolio with GardenCore, formerly Oldcastle Lawn & Garden.
- Portfolio spans 24 states, leased on triple-net master lease for 20 years with fixed annual rent escalations.
- Transaction lifted year-to-date investment volume to about USD 1.1 billion, including about USD 400 million completed since April 28 first-quarter 2026 results.
- GardenCore ranked among top 10 tenants by annualized base rent at time of investment.
- Company flagged visibility into about USD 1.5 billion of investment volume for 2026 based on completed deals, scheduled commitments, pipeline.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. W.P. Carey Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: 202605120730PR_NEWS_USPR_____NY56724) on May 12, 2026, and is solely responsible for the information contained therein.
