#USA #Pittsburgh #Real Estate #BGL #Forms+Surfaces

Overview

Brown Gibbons Lang & Company (BGL), recognized as a prominent independent investment bank, has completed a pivotal sale-leaseback transaction for Forms+Surfaces, Inc. (F+S), executing strategic financial solutions that align with the company’s operational objectives. This development not only illuminates BGL’s expertise but also marks an essential evolution in F+S's business model, optimizing financial positioning in the industrial sector.

Highlights of the Transaction

The deal involves a five-property industrial portfolio situated in the bustling locales of Pittsburgh, Pennsylvania, and Phoenix, Arizona. Covering a total area of approximately 480,000 square feet, this investment represents a considerable asset for F+S, catering directly to its architectural and site products divisions. Notably, an Institutional Net Lease Buyer has acquired the portfolio, implementing a financial structure designed to enhance operational flexibility for F+S.

Implications for Forms+Surfaces

By engaging in this transaction, F+S can focus on its core business operations while benefiting from immediate capital liquidity. This transaction also underscores BGL's exceptional capability in delivering tailored real estate solutions that meet the expansive needs of clients across various geographies.

The five properties in the deal are essential to supporting F+S's dual business segments. The architectural products unit based in Phoenix specializes in customized offerings, while the site products division in Pittsburgh emphasizes sustainability and practicality. F+S is distinguished for its extensive product range, which includes sophisticated solutions for high-traffic environments such as:

• - Elevator interiors
• - Wall and column systems
• - Security bollards
• - Pedestrian lighting
• - Outdoor site furniture

With a commitment to innovation, F+S creates products designed for complex projects that require both aesthetic appeal and performance reliability.

About Forms+Surfaces

Forms+Surfaces is a leading designer and manufacturer of high-quality architectural products and integrated site solutions, serving public, commercial, and institutional spaces throughout North America and beyond. The company’s vast portfolio and strong partnerships with architects, designers, and government agencies position it as a preferred choice within key markets, including:

• - Airports
• - Commercial buildings
• - Hospitality venues
• - Healthcare facilities
• - Public parks and civic centers
• - Educational institutions

F+S’s focus on leveraging advanced technology and sustainable practices ensures adaptability and relevance in today's competitive landscape.

The Role of BGL's Real Estate Team

BGL's Real Estate team plays a pivotal role in providing comprehensive investment banking services tailored to middle-market enterprises. Their expertise encompasses a wide range of services, including advisory, debt, equity placement, financial restructuring, and sale-leasebacks. By facilitating this transaction, BGL not only strengthens F+S's position in the real estate market but also showcases its proficiency in navigating complex financial terrains.

About Brown Gibbons Lang & Company

Founded to serve the global middle market, BGL offers advisory services that encompass mergers, acquisitions, capital markets, and other strategic financial matters. With a presence in multiple cities—including Boston, Chicago, Cleveland, Los Angeles, and New York—BGL's reach is extensive, with capabilities extending across 30 countries facilitated through its connections in international markets.

As business dynamics shift and evolve, the ability to adapt financial strategies becomes crucial. The recent sale-leaseback transaction between BGL and Forms+Surfaces exemplifies how strategic partnerships can drive growth and sustainability, paving the way for future advancements in industrial sectors.