In December 2017, Pontus completed a sale-leaseback on a 465,000 square foot manufacturing facility with an industry-leading marketing and advertising company. The transaction was structured as a stock purchase of an existing entity that owned the real estate.
Michael Press, Managing Partner at Pontus commented: “We are very pleased to complete this acquisition. Our flexibility and ability to structure and close a complex entity transaction in an accelerated timeframe contributed to a successful outcome and a favorable long-term solution for the seller and our tenant.”
Pontus Capital opportunistically invests in and manages real estate secured investments on behalf of its private and institutional investors including in its growing net lease property strategy. As principals, the Pontus management team has acquired over $4 billion of net leased assets nationwide.