As part of a transaction with Dana Corporation, Metaldyne needed to acquire a 216,000-square-foot facility in Greensboro, North Carolina, while maintaining a lease structure rather than ownership. Facing a tight timeline and internal constraints, Metaldyne turned to KIRCO to provide a real estate solution.
KIRCO quickly assembled a team to purchase the facility from Dana Corporation and execute a lease agreement with Metaldyne. Despite environmental and transactional challenges, KIRCO successfully closed the deal and delivered on its commitments within just 12 days.