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SRS Real Estate Finalizes Sale-Leaseback of Industrial Facility in Warren, Michigan
SRS Real Estate Partners has successfully completed the sale-leaseback of a single-tenant, 277,425-square-foot industrial property located at 26661 Lipari Way in Warren, Michigan.
Originally constructed in 2006 and situated on 11.66 acres, the facility serves as the corporate headquarters and primary distribution center for Lipari Foods, a well-established wholesale food distributor. The transaction was brokered by SRS Capital Markets Vice Presidents Michael Carter and Frank Rogers, who represented the seller, Lipari Foods. The buyer is a private investment fund based in New York City.
As part of the sale-leaseback agreement, Lipari Foods has entered into a new, corporate-guaranteed 15-year lease for the property.
“This was an ideal, low-management investment for the new, out-of-state ownership,” said Michael Carter. “Lipari Foods is a successful perimeter-of-the-store distributor with an expansive reach to thousands of customers across more than thirty states—and growing.”
The facility includes 28,000 square feet of office space and over 205,000 square feet of temperature-controlled warehouse space. Additionally, it contains nearly 23,000 square feet of dock space and is equipped with 30 dock doors, supporting high-volume distribution operations.
Industry professionals can look forward to hearing more market insights during Connect Industrial Midwest, where Don’t miss Carter Andrus, Chief Operating Officer of Prologis, will serve as the keynote interviewee. The event is set for the afternoon of Tuesday, March 10, 2026, at Joe’s Live in Rosemont, Illinois.
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