WP Carey Finances Acquisition of Three Industrial Assets

NEW YORK CITY—W. P. Carey Inc. has acquired a headquarters and manufacturing facility and two manufacturing facilities on behalf of CPA^®:18–Global, one of its managed REITs. The three facilities—which total 362,000 square feet—are in Georgia, Arizona, and Texas and are leased to Janus International Group LLC for 20 years. The total acquisition price was approximately $17 million.        

Janus is said to be the leading manufacturer of steel roll up sheet doors and storage facility components for self-storage, commercial and industrial markets. Founded in 2002, Janus is headquartered in Temple, GA and has manufacturing locations in Arizona and Texas and distribution locations in California, Florida, Mexico, and South Africa.