August 15, 2007
Acquisition of a newly constructed manufacturing facility of Metal Systems Inc., through a sale-leaseback transaction.
Columbus Nova Real Estate Acquisition Group and The Real Estate Equity Fund have acquired, through a sale-leaseback transaction, a newly constructed manufacturing facility of Metal Systems Inc. (“MSI”) The 110,000 square foot facility, located in Houston, TX is used in the manufacture and distribution of operating centers that house and protect switchgear and control equipment for the energy sector.
MSI has manufactured this equipment since 1968 and is the market leader in its industry segment. MSI is a portfolio company of RFE Investment Partners.
Columbus Nova wishes to thank the management of MSI, RFE, Harpeth Capital, and Trestle Capital for this successful transaction.
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