MIAMI — United Trust Fund has purchased and leased back the new 100,000 square foot corporate headquarters of Taylor Fresh Foods in downtown Salinas, California. The state of the art facility is located on Main Street in the heart of the downtown district. The building contains an underground parking garage, a lecture hall and is home to more than 150 employees. The property was valued at $38,000,000. The transaction was unique because the agreement to purchase was entered into 18 months prior to completion at a predetermined fixed rental rate.
Taylor Fresh Farms is one of the world’s largest producers of fresh cut fruit and vegetables supplying many of the largest supermarket chains and food service restaurants in the United States.
United Trust Fund is a national leader in corporate sale-leasebacks and build-to-suit projects. United Trust Fund buys from both public and private companies on all real estate types throughout the United States.
