The Aline Capital Industrial team is proud to announce the closing of a 20,460 SF Industrial property on 8.2 Acres in Piedmont, South Carolina. Aline Capital’s Chris Schweighart, MBA and Sam Faulkenberry represented the seller, ChromaScape, in this sale-leaseback transaction, which will facilitate Chromascape’s major upfit project at the property. Chromascape will dedicate the proceeds from the sale to create a state-of-the-art innovation lab on-site; this project will fuel the company’s continued growth and help as they pursue their long-term vision.
Congratulations to all parties involved!
Sale-leaseback transactions like these are attractive to investors and sellers alike, as they allow sellers to fund capital projects, business operations, or simply to cash out and dedicate those funds to other purposes, while ensuring that investors are able to seamlessly transition into ownership of income-generating properties without the concern or need to re-tenant their newly acquired investment.
For more information on how Aline Capital can assist you in your next commercial real estate transaction, or to learn more about sale-leaseback opportunities, please reach out to Chris and Sam, or visit our website at www.alinecapital.com.
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