MIAMI, FL – United Trust Fund (“UTF”) announced the purchase and lease-back of a newly constructed 816,000 square foot distribution facility on 47 acres of land in South Hill, Virginia.
UTF purchased the property and leased it back to the Jones Group, Inc., a NYSE Company and leader in the apparel and footwear industry. Jones’ Chief Financial Officer, Thimio Sotos commented, “UTF was a breath of fresh air in that they were very easy to do business with and very professional. Added to that, is the fact that they are extremely competitive in the marketplace. In our eyes they clearly separated themselves from the competition.”
When today’s companies want to access capital, they call United Trust Fund, one of the nation’s leading real estate investment firms specializing in sale-leaseback transactions. Whether you are a corporate real estate executive, own your own corporate real estate or are engaged in developing, we can help you achieve your sale-leaseback goals in a manner that is fast, cost efficient and uncomplicated.
Contact: Paul Domb, Vice President – Asset Management
701 Brickell Ave. 13th Floor, Miami, FL 33131-2851 Telephone (305) 358-7711 Fax (305) 358-4002
