Bradley Company Represents Multiple Clients in Sale-Leaseback of Multi-State Industrial Portfolio

FORT WAYNE, IN – Bradley Company brokers Bill Drinkall, Dave Horacek, and Brook Steed represented multiple clients, including owners, tenant, and buyer, in the sale leaseback of a multi-million-dollar industrial portfolio that included three assets in North Vernon, Indiana and two assets in Gadsden, Alabama. 
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The transaction of this five-property portfolio took place between MAG Capital Partners (Buyer) and Decatur Plastic Products (DPP) (Seller/Tenant). The deal closed in early June and included four owners and multiple buyout options. The transaction was completed through the combined efforts of Bradley Company, DPP, MAG, Chicago Title Insurance Company, Barnes & Thornburg LLP, German American Bank, and Taft Law 

“The Bradley team was instrumental to DPP on this complex transaction, providing full support from sourcing the opportunity and guiding us all the way to a successful closing,” said Robert Riley, President, Decatur Plastic Products. “They were instrumental at all stages of a very important and significant transaction for us. I could not be more pleased with the service, expertise, and overall performance we received from the team.”  

About Bradley Company 

With nine offices located throughout Indiana, Michigan, and Ohio, Bradley Company provides commercial brokerage services, commercial and multi-housing management, real estate tax consulting, maintenance services, project and facilities management, corporate services, research services and strategic planning. Bradley Company was founded in 1978 and employs more than 300 professionals that manage more than 4,000 multi-housing units and more than eight million square feet of commercial properties. 

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