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W.P. Carey Strikes $55 Million Sale-Leaseback Deal for Auto Dealerships

Sites Scattered Through New Jersey, Pennsylvania
W.P. Carey is picking up seven Auto Lenders dealerships that it will lease back to the seller. (CBRE)
W.P. Carey is picking up seven Auto Lenders dealerships that it will lease back to the seller. (CBRE)
CoStar News
February 23, 2021 | 7:01 P.M.

W.P. Carey, a New York City real estate investment trust, has struck a $55 million sale-leaseback deal for a number of Auto Lenders dealerships in New Jersey and Pennsylvania.

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