Sale-Leaseback with Construction

Case Study: Classified

  • ________________ is one of the world’s leading manufacturers of water hoses for both consumer and industrial markets.
  • In 2018 they made a strategic business decision to sell their building headquarters and lease it back on a long-term basis.
  • Welcome Group purchased the building as part of a sale-leaseback in June 2019.
  • $14,000,000 expansion adding 294,000 SF of freezer and dry storage areas with an additional 36 loading docks.
  • Expansion construction completed July 2019
  • 397,197 SF total

Case Study: Durcon

  • Glazier family built and owned this facility since 2005.
  • In 2008 they made a strategic business decision to sell their building headquarters and lease it back on a long-term basis.
  • Welcome Group purchased the building as part of a sale-leaseback in June 2008.
  • $14,000,000 expansion adding 160,000 SF of freezer and dry storage areas with an additional 36 loading docks.
  • Expansion construction completed July 2009
  • 286,853 SF total

Case Study: Glazier Foods

  • Glazier family built and owned this facility since 2005.
  • In 2008 they made a strategic business decision to sell their building headquarters and lease it back on a long-term basis.
  • Welcome Group purchased the building as part of a sale-leaseback in June 2008.
  • $14,000,000 expansion adding 160,000 SF of freezer and dry storage areas with an additional 36 loading docks.
  • Expansion construction completed July 2009
  • 286,853 SF total

Main Office:

(713) 952-7000

Contact Email:

info@welcomegroup.com

Headquarters:

5858 Westheimer, Suite 800
Houston, TX 77057