by Ashley Helmer, on Aug 3, 2023 2:00:00 PM
Site Selection Group, a global location advisory, economic incentive, and corporate real estate services firm, represented Fortress Building Products with the sale-leaseback of their 123,888 square foot corporate headquarters and distribution center located in Garland, Texas.
CanTex Capital acquired the office and warehouse facility through a long-term sale-leaseback transaction. Site Selection Group partnered with Goodwin Advisors which specializes in capital market transactions. The project team successfully completed the transaction despite very challenging capital market conditions with interest rates increasing rapidly.
About CanTex Capital
CanTex Capital is a premier commercial real estate investment firm based in Dallas-Fort Worth. They focus on the repositioning and redevelopment of Class B Infill Industrial properties throughout DFW and Texas. Since their inception in 2018, we have acquired over 5 million square feet of industrial products. Learn more here: https://cantexcapital.com/.
About Fortress Building Products
Built on the strength of more than 50 years of innovation, Fortress Building Products is one of the strongest brands in the residential, multi-family and commercial building products industry. Based in Texas, Fortress® has been named to the Inc. 5000 Fastest Growing Private Companies list twice. The company has also earned a spot on the Dallas Mid-Market 50 Fastest Growing companies with revenues under $750 million for two years running. Learn more here: https://fortressbp.com/.
About Goodwin Advisors
A Boutique Capital Markets firm focused on office, hotels and mixed-use sales, debt, equity and strategic advisory. They offer expertise in investment sales, recapitalization, equity raising, debt placement, and credit advisory services. Learn more here: https://goodwinadvisors.com/.
About Site Selection Group
Site Selection Group LLC is a leading, independent location advisory, economic incentive, and corporate real estate services firm providing solutions to corporations and communities worldwide. Site Selection Group offers four core services to our customers: Location Advisory, Economic Incentive, Corporate Real Estate, and Economic Development Consulting Services. Site Selection Group's mission is to align the needs of corporations with optimal locations in order to provide the absolute maximum economic benefit. For more information, visit www.siteselectiongroup.com.
