The Wells Companies Completes Sale and Leaseback Transaction With Fortress Capital

Paul, Weiss advised The Wells Companies, Inc., a portfolio company of KPS Capital Partners, in a sale and leaseback transaction of 15 industrial sites across the United States to Fortress Capital. Financial details were not disclosed. The Wells Companies is a leading U.S. provider of above-grade precast concrete solutions.

The Paul, Weiss team was led by real estate partner Peter Fisch and associates Natalie Punzak and Leila Shirian, and included tax partner Robert Killip; litigation partner Jessica Carey and counsel Marques Tracy; and environmental counsel William O’Brien.