W.P. Carey CEO Jason Fox
LISBON, PORTUGAL—Net lease REIT W.P. Carey Inc. has acquired a 534,000-square-foot logistics facility here for $50 million in an off-market transaction.
The New York City-headquartered firm says the distribution center is triple-net leased to Sonae MC, Portugal's leading food retailer.
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John Jordan
John Jordan is a veteran journalist with 36 years of print and digital media experience.
