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Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the Infinity Engineered Products Sale-Leaseback opportunity, which consists of a strategically located, mission-critical lab and office headquarters located in Northeast Ohio (the “Property” or the “Asset”). The Property is 20,050 SF and will be subject to a 20-year master lease with an absolute triple-net structure at closing. Infinity Engineered Products Holdings, LLC (“Infinity” or the “Tenant”) is a Top 2 player in the North American air springs suspension OEM and aftermarket sector, with a strong global reputation and offering best-in-class performance, quality, and dependability. The Tenant commissioned the Property as a build-to-suit project which was completed in 2016. The Asset represents an attractive passive investment featuring high-quality real estate, long-term cash flows with annual rent increases, and market-leading tenancy.
- Long-term absolute NNN lease structure with annual increases
- Best-in-class manufacturer of air suspension systems, with over 60 years of experience and a diverse roster of OEM and aftermarket customers
- Newly built, state-of-the-art headquarters with build-to-suit office and lab space that houses the Tenant's product design and testing equipment
- Strategically located proximate to a deep, experienced workforce in the Tenant's industry
- Vast addressable market with strong fundamentals backed by exceptionally high truck utilization
- Exceptional sponsorship in Turnspire Capital Partners