US EditionMadison Capital Buys Four REI Co-op Distribution Centers Nationwide for $230M
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Madison Capital Buys Four REI Co-op Distribution Centers Nationwide for $230M
SUMNER, WASH. — New York-based Madison Capital has acquired four REI Co-op distribution centers in Sumner, Wash., Bedford, Penn., Goodyear, Ariz. and Lebanon, Tenn., for $230 million in a sale-leaseback transaction, which also includes the land associated with the properties. REI Co-op will continue to maintain and operate all buildings, as well as own all equipment and machinery inside each facility. The co-op’s network of distribution centers …
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