The sale-leaseback arrangement allows Forms+Surfaces to maintain its manufacturing presence across both states while offloading the property assets. The sites host the company's design-intensive operations, which produce everything from elevator interiors and wall systems to security bollards and outdoor site furniture. By unlocking capital tied up in its physical industrial assets, the manufacturer continues to support its core business units serving commercial, institutional, and public sector clients globally.
Brown Gibbons Lang & Company managed the deal through its real estate investment banking arm, emphasizing a strategic approach to middle-market financial objectives. While the specific financial terms of the agreement remain private, the transaction underscores a broader trend of companies leveraging real estate holdings to streamline operations. The portfolio remains essential to the company’s ongoing production of custom architectural solutions used in high-traffic environments ranging from airports and healthcare facilities to public parks and universities.
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