Mohr Capital, a Dallas-based real estate investment firm, has acquired two industrial properties in Massachusetts and Kentucky through an 18-year sale-leaseback transaction.
The acquisition involves facilities leased to Webasto, a German Tier 1 auto parts manufacturer known for its cutting-edge automotive solutions. The facilities located in Plymouth, Mass. and Lexington, Ky., together span 350,000 square feet and will serve key operational and manufacturing needs for Webasto.
Executed as a joint venture with ICP Funds, headquartered in Houston, Mohr Capital said the transaction highlights a collaborative effort aimed at investing in sale-leaseback opportunities across the United States.
