Multi-Color Corp. Sale-Leaseback Portfolio

Various locations

Description

JLL is pleased to exclusively offer for sale the Multi-Color Corporation ("MCC" or "Tenant") Industrial Portfolio, a strategic sale-leaseback opportunity comprising five mission-critical manufacturing facilities across North America. The ±900,000 SF portfolio includes four facilities in the United States and one in Canada, all purpose-built with specialized infrastructure essential to Multi-Color Corporation's core label manufacturing operations.

The Portfolio is 100% occupied by Multi-Color Corporation and guaranteed by LABL, Inc. (US) LABL ("Guarantor"), a global leader in the labeling industry with market dominance reflected in its global share being double that of its closest competitor. Upon closing, MCC will execute an absolute NNN 20-year lease with 3% annual escalations, providing investors with secure, predictable long-term cash flows.

MCC was acquired in 2021 by Clayton, Dubilier & Rice ("CD&R" or "Sponsor"), one of the world's premier private equity firms. The facilities are strategically positioned in key markets with excellent transportation access, supporting MCC's extensive manufacturing operations.

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Attributes

Building area gross

899,978 sf

Occupancy

100%

Land area gross

78 sf

WAULT

20 years

Annual escalation

Fixed

Lease type

Absolute Triple Net

Multi-Color Corp. Sale-Leaseback Portfolio (5 Properties)

Media

Investment highlights

20-year absolute NNN lease with 3.00% annual escalations
Five strategic facilities offering comprehensive and specialized production capabilities
Substantial tenant capital investment, including recent facility expansion
Leading global label manufacturer with dominant market share (2x nearest competitor)
Technology offerings: pressure-sensitive, roll-fed, cut & stack, shrink sleeve, in-mold, and heat transfer
Backed by prestigious private equity firm CD&R (2021 acquisition)