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Net Lease REIT Buys Arkansas Ice Cream Factory

WP Carey Executes Sale-Leaseback To Add Turkey Hill-Leased Facility to Its Portfolio
A real estate investment trust sponsored by W.P. Carey acquired ice cream and beverage company Turkey Hill's production facility in Searcy, Arkansas. (CoStar)
A real estate investment trust sponsored by W.P. Carey acquired ice cream and beverage company Turkey Hill's production facility in Searcy, Arkansas. (CoStar)
By Theresa Short
CoStar Research
May 10, 2021 | 3:21 P.M.

W.P. Carey Inc, a New York-based real estate investment trust that owns net-leased properties, purchased a 93,000-square-foot food production and distribution site in Searcy, Arkansas, net leased to Turkey Hill, one of the largest ice cream and beverage brands in the U.S.

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News | Net Lease REIT Buys Arkansas Ice Cream Factory