W.P. Carey & Co. arranges sale leaseback transaction. (Banking).W. P. Carey & Co. LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , a leading real estate investment banking firm and lessor of net leased corporate real estate, announced that it has purchased and leased-backed three facilities from Dallas-based Builders FirstSource, Inc. (BFS BFS Bundesamt Für Statistik BfS Bundesamt für Strahlenschutz (German: federal office for radiation protection) BFS Bowling for Soup (band) BFS Bankable Feasibility Study BFS British Fertility Society ), a leading distributor of lumber, engineered wood building components and other building materials Building materials used in the construction industry to create . These categories of materials and products are used by and construction project managers to specify the materials and methods used for . to professional homebuilders nationwide, for approximately $13 million. Under the terms of the sale-leaseback agreement, the facilities will be leased to BFS under a 15-year net lease. The properties consist of a 165,680-SF distribution facility in Cincinnati, Ohio “Cincinnati” redirects here. For other uses, see Cincinnati (disambiguation). Cincinnati is a city in the U.S. state of Ohio and the county seat of Hamilton County. , a 159,881-SF distribution facility in Elkwood, Virginia and a 63,700-SF distribution facility in Norcross, Georgia. The facilities were purchased on behalf of Corporate Property Associates 14 Incorporated and Corporate Property Associates 15 Incorporated, members of the $3.5 billion W. P. Carey Group of non-traded real estate investment trusts (REITs). CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. 14 will own 60% ownership of the properties, while CPA 15 will own the remaining 40%. In July, 1999 CPA 14 financed the development of a 112,000 SF regional manufacturing and warehouse distribution facility for BFS in Harrisburg, N.C. |
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