Kenco Goal:
Capture equity from the property and re-deploy that capital into a new facility that allowed for better leverage of their corporate strengths and addressed a strong customer need. This was a single property transaction that may lead to more in the future.

About Kenco & The Property

• Privately owned 3rd party logistics provider
• Financially healthy – well managed
• 96,000 sq. ft. distribution center built in 1998
• 9.5 acre site in Michigan
• Signed 7 year net lease
• Two five-year extension options year net leases

Sale/Leaseback – The Basics     Sale/Leaseback Benefits     Criteria

Custom Structoring     Financial Statement Impact

Mergers & Aquisitions     Next Steps

Case Studies:     Tire America     Kenco Group