MAG Capital Partners has completed the acquisition of a 362,235-square-foot headquarters and manufacturing facility in Rural Retreat, Virginia, through a sale-leaseback with Musser Biomass and Wood Company. The property spans 41.74 acres at 200 Shoal Ridge Drive and serves as a major industrial site for the long-established wood fiber business.
The facility is located minutes from Interstate 81 and in proximity to Interstate 77, providing regional and national highway access for distribution. The connectivity to two major interstate corridors supports outbound logistics for finished product and inbound deliveries of raw materials to the site.
Musser Biomass and Wood Company has operated in the wood fiber industry for 60 years and continues to occupy the property following the sale-leaseback. The company offers sustainable wood fiber solutions across a variety of product types, including heating pellets, livestock bedding, and dry fiber, reflecting a diversified product mix within the biomass and wood fiber segment.
Commenting on the acquisition, MAG Capital Partners Principal Dax T.S. Mitchell noted that the property’s strategic location near managed forests, combined with its large-scale production capacity and nationwide distribution capabilities, makes the asset a differentiated industrial holding. His remarks underscore both the importance of proximity to raw material sources and the facility’s role within broader distribution networks.
A Matthews team led by Aria Pournazarian advised on the transaction. The advisory team’s role focused on guiding the parties through the sale-leaseback structure, which enables Musser Biomass and Wood Company to retain operational control of its headquarters and manufacturing operations while transitioning real estate ownership to MAG Capital Partners.
MAG Capital Partners, based in Dallas, is a private investment firm that concentrates on American industrial real estate and operating companies. The Rural Retreat transaction aligns with that focus, pairing a single-tenant industrial asset with an established operating business. The acquisition adds a sizable industrial property in Virginia to the firm’s portfolio, anchored by a long-tenured company in the wood fiber sector.
The transaction highlights continuing investor interest in specialized industrial properties that combine significant square footage, ample land, and access to key transportation corridors. For the tenant, the sale-leaseback structure provides an opportunity to unlock capital from real estate while maintaining the use of a mission-critical facility.
