Apricus Realty Capital, a real estate investment firm specializing in industrial outdoor storage assets (IOS), acquired a premier IOS property in a sale-leaseback transaction with Box Gang Manufacturing, a leading producer of specialized container solutions.
The property, located in Houston, serves as a critical operational facility for Box Gang Manufacturing. The sale-leaseback structure enables the company to unlock capital while maintaining long-term operational continuity at the site.
Apricus acquired the property in a programmatic joint venture with ABR Capital. Apricus led the acquisition for the joint venture, Mohr Partners represented the joint venture in the transaction, and JLL represented the joint venture in the procurement of debt financing.
“This acquisition underscores our commitment to strategic investments in high-quality industrial assets that support mission-critical logistics and manufacturing functions,” said Matt Haley, managing princip