Montfrisa

Europe

Montfrisa

Europe

In May 2015, GreenOak acquired a cold/frozen storage facility located in the industrial region of Getafe, approximately 15 km south of central Madrid. The asset was acquired from Montfrisa, the third largest distributor of frozen food and goods across Spain and Portugal, in a sale/leaseback transaction and subsequently expanded at the tenant’s request in exchange for an extension of the lease term.