MAG Capital Partners recently completed a sale-leaseback transaction with HuFriedyGroup, a global leader in dental instrument manufacturing and conscious sedation products. The acquisition included two industrial facilities located in Western Pennsylvania, which were represented by Newmark’s JC Asensio, Andrew Sandquist, and Briggs Goldberg.
The properties are situated on the Ohio-Pennsylvania border near major interstates I-80 and I-376. With a combined size of 61,063 square feet on 5.06 acres of land, these facilities offer convenient access to both Akron and Pittsburgh.
According to MAG Capital Partners Principal Dax T.S. Mitchell: “We are thrilled to add these domestic manufacturing facilities from such an established brand as HuFriedyGroup to our portfolio in Western Pennsylvania.” This acquisition adds onto their existing assets in the region which includes approximately 66 acres of critical facilities purchased just last month (November 2021).
This recent industrial sale-leaseback deal is another successful venture for MAG Capital Partners as they continue to expand their presence within the commercial real estate market.
