W. P. Carey & Co. LLC: W. P. Carey Acquires Bob's Discount Furniture Distribution Facility in $22 Million Sale-Leaseback
14th Sep 2005, 15:25 GMT
NEW YORK, NY (MARKET WIRE) Investment firm W. P. Carey & Co. LLC (NYSE: WPC) announced today that it acquired and leased back a warehouse distribution facility from Bob's Discount Furniture, LLC, for $10.3 million. In addition, W. P. Carey announced that it would provide an additional $12.3 million to fund the expansion of this facility, bringing the total cost of the transaction to approximately $22.6 million. Funds
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