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WP Carey Completes $166M Sale-Leaseback of Chattanooga Food Processing Plant

Summary by Connect CRE
WP Carey completed the $166 million sale-leaseback of a food processing facility in Chattanooga, Tennessee. Totaling more than 350,000 square feet, the facility is triple-net leased to a wholly owned subsidiary of Premium Brand Holdings Corporation, a leading manufacturer and distributor of specialty food products.   Construction was completed in May 2025, and the Class-A facility features over 250,000 square feet of cooler and freezer space. It…
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Connect CRE broke the news in on Monday, August 18, 2025.
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