Northmarq completes $19.6M sale-leaseback of two manufacturing facilities for Material Differences Technologies

HOUSTON, Texas and FLETCHER, N.C. — Northmarq’s Investment Sales team, led by Riley Rettig and Anthony Cohen, arranged the sale-leaseback of two mission-critical manufacturing facilities for Material Differences Technologies, Inc. (MDT).

The combined transaction totaled $19.641 million at an 8% cap rate and included:

• 6754 Kirbyville Street in Houston, Texas | 70,250 sq. ft. | built in 1962.
• 282 Cane Creek Road in Fletcher, North Carolina | 126,000 sq. ft. | built in 1992.

Material Differences Technologies is a leading value-added distributor and manufacturer of resin products. Both properties will operate on new 20-year absolute triple net leases and are strategically positioned near major transportation corridors.

“Like many growing middle market businesses, MDT was able to harness the full power of a sale leaseback and unlock the capital tied up in its real estate to optimize the balance sheet and fuel growth initiatives,” said Rettig. “After running a competitive process and fielding numerous offers, we selected a buyer who delivered the right pricing and terms while demonstrating why they will be a strong long-term real estate partner."

Northmarq worked in tandem with middle-market investment bank Generational Capital Markets to execute the transaction.

“Generational Capital Markets was engaged by MDT to explore exit planning and growth strategies. In our efforts, we built a strategy that would facilitate both objectives for the owner in part by utilizing sale-leaseback transaction,” said Aaron Presley of Generational Capital Markets. “Northmarq was selected as our real estate advisor based on its industry experience, national presence and proven track record. Riley Rettig and Anthony Cohen provided consistent communication, thoughtful market insight and, most importantly, results for our client. We would recommend this team and look forward to working with Northmarq again on a future transaction."

“As we did in 2025, we expect to see sale leasebacks play a critical role for middle market industrial manufacturing businesses again in 2026 and encourage business owners with owned real estate who are exploring ways to unlock capital to reach out to see if a sale leaseback could help fuel growth,” Rettig added.