PR Newswire·May 12, 2026, 7:30 AM ET

W. P. Carey Announces Year-to-Date Investment Volume Totaling $1.1 Billion

W. P. Carey Inc. announced year-to-date investment volume totaling approximately $1.1 billion as of May 12, 2026.
Approximately $400 million of this volume was completed since the company reported its first quarter 2026 financial results on April 28, 2026.
On May 8, 2026, the company closed a sale-leaseback of a 43-property manufacturing portfolio for GardenCore, formerly Oldcastle Lawn & Garden.
Pacific Avenue Capital Partners acquired GardenCore via a corporate carve-out from CRH prior to the transaction.
The portfolio spans 24 U.S. states, is triple-net master leased for 20 years, includes fixed annual rent escalations, and represents GardenCore's entire owned real estate.
GardenCore ranks among W. P. Carey's top 10 largest tenants by annualized base rent.
The company currently has visibility into total investment volume of approximately $1.5 billion for the remainder of 2026.
As of March 31, 2026, W. P. Carey owns 1,703 net lease properties covering 185 million square feet.
The company operates offices in New York, London, Amsterdam, and Dallas, focusing on single-tenant industrial, warehouse, and retail properties in the U.S. and Europe.