Mission Capital Advisors, a leading national real estate capital markets solutions firm, today announced that its Asset Sales Group has been named by UBS as the exclusive sales agent for a portfolio of six industrial properties, comprising approximately 1.27 million square feet of rentable space.
Media Contact: Shlomo Morgulis Beckerman
FOR IMMEDIATE RELEASE
UBS Taps Mission Capital Advisors to Market 1.27 Million Square Feet of NNN Industrial Properties
National Advisory Firm Seeks Up To Six Buyers For Fully Leased Properties
NEW YORK (Feb. 9, 2016) – Mission Capital Advisors, a leading national real estate capital markets solutions firm, today announced that its Asset Sales Group has been named by UBS as the exclusive sales agent for a portfolio of six industrial properties, comprising approximately
1.27 million square feet of rentable space.
Michael Britvan and Adam Grant of Mission Capital Advisors will procure up to six buyers for the fully occupied, triple-net-leased properties, which are located in the states of North Carolina, South Carolina, Indiana, Illinois and Tennessee.
“With full occupancy and long-term, triple-net leases in place with prominent tenants at all six buildings, these properties will be very attractive to investors,” said Britvan. “We expect to receive a great deal of interest from a wide range of funds, REITs and other institutional investors that are attracted to the cash flow that these properties generate.”
The six properties range from 160,120 to 255,560 square feet. Four of the properties are occupied by Baldor Electronics, while Rockwell Automation and Master Power Transmission each occupy one building. The buildings were built between the 1960s and the 1990s.
A national real estate capital markets solutions firm, Mission Capital is extremely active in arranging investment sales, loan sales and debt and equity financing on properties across the country.
About Mission Capital Advisors
Founded in 2002, Mission Capital Advisors, LLC is a leading national, diversified real estate capital markets solutions firm with offices in New York, Florida, Texas, California and Alabama. The firm delivers value to its clients through an integrated platform of advisory and transaction management services across commercial and residential loan sales; debt, mezzanine and JV equity placement; and loan portfolio valuation. Since its inception, Mission Capital has advised a variety of leading financial institutions and real estate investors on more than $65 billion of loan sale and financing transactions, as well as in excess of $14 billion of Fannie Mae and
Freddie Mac transactions, positioning the firm strongly to provide unmatched loan portfolio valuation services for both commercial and residential assets. Mission Capital’s seasoned team of industry-leading professionals is committed to achieving clients’ business objectives while maintaining the highest levels of integrity and trust. For more information, visit www.missioncap.com.