BGL Advises Forms+Surfaces on Sale-Leaseback of Five-Property Industrial Portfolio
Brown Gibbons Lang & Company (BGL) has completed the sale-leaseback transaction for a five-property industrial portfolio owned by Forms + Surfaces, Inc. The properties are located in Pittsburgh and Phoenix and support F+S's architectural products and site solutions businesses. An institutional net lease buyer acquired approximately 480,000 square feet of space as part of this deal. BGL’s Real Estate team acted as the exclusive financial advisor for Forms + Surfaces during the transaction. The portfolio includes state-of-the-art manufacturing facilities that support F+S's operations in high-traffic public and commercial environments across North America and globally. Terms of the agreement were not disclosed, but BGL highlighted its ability to provide strategic real estate solutions tailored to clients' operational needs. Forms + Surfaces is a global designer and manufacturer known for customized architectural products used in airports, healthcare facilities, universities, and other institutional settings.
Topics: industrial portfolio real estate transaction sale-leaseback