W. P. Carey Inc. (NYSE:WPC) acquired 43-property manufacturing portfolio from Oldcastle Lawn & Garden, Inc. on May 8, 2026. W.P. Carey announced that its year-to-date investment activity reached approximately $1.1 billion, including about $400 million of transactions completed after its first-quarter 2026 results reported on April 28, 2026.
W. P. Carey Inc. (NYSE:WPC) completed the acquisition of 43-property manufacturing portfolio from Oldcastle Lawn & Garden, Inc. on May 8, 2026.
W. P. Carey Inc. is a net lease real estate investment trust (REIT) with a portfolio of commercial real estate, which includes 1,703 net lease properties covering approximately 185 million square feet. The Company specializes in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties. The Company remains focused on investing primarily in single-tenant industrial, warehouse and retail properties located in the United States and Europe, under long-term net leases with built-in rent escalators. The Company's tenant industry diversification includes packaged foods and meats, food retail, automotive retail, home improvement retail, air freight and logistics, education services, pharmaceuticals, industrial machinery, and trading companies and distributors. Its portfolio assets are located in Illinois, Ohio, Indiana, Michigan, Wisconsin, Texas, Florida, Tennessee, Pennsylvania, California, Arizona, Poland, United Kingdom and others.
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