Cardinal Investment Company was founded in 1988. The company has grown rapidly and has now acquired many corporate real estate properties of value in excess of $4 billion. The main business of the company is to acquire corporate real estate. The company converts the real estate assets of the clients into capital.
The company is among the largest sale-leaseback companies in the world. It prides itself in the service it provides to its clients. The company maximizes the real estate asset values of the clients by specializing in net leased real estate financial solutions.
Cardinal Investment Company carries out transactions for investment and non-investment grade companies, private equity firms owning portfolio companies. The company accepts deals of office, restaurants, retail, industrial and all special purpose assets on a case by case basis.
The company is flexible enough to transact business of magnitude ranging from $2 million to $500 million. In 2001, the company acquired $200 million portfolio of 3 distribution centers, 5 shopping centers and 11 freestanding supermarkets of The Great Atlantic & Pacific Tea Company.
It also recently executed $15 million sale leaseback of Spiegel and Newport News. This company offers a lease term of seven years and longer. They arrange both institutional quality net leases and leases with limited landlord obligations though the focus is on the former.
Both private and public companies, investment grade and non-investment grade companies as well as non rated companies across the globe are considered by the company while investing.
Cardinal Investment Company collaborates with firms from a wide range of industries to help them grow in their business. The major clients serviced by Cardinal Investment Company over the years are 7-Eleven, A&P, Beckman Coulter, Circuit City Stores, Dick’s Sporting Goods, Fleming Companies, Nordea, etc.
Cardinal Paragon, a partnership between Cardinal Capital Partners and Paragon Group provides retail developments on a nationwide basis. The collaboration also has access to a significant amount of discretionary equity capital to finance development activities and acquisitions. The largeness of the concern helps in flexible and fast transaction terms. This has also helped the company to reach out investment opportunities around the world. The company specializes in the execution of sale leaseback transactions, optimization of excess corporate real estate and completion of build-to-suit transactions.
Last Updated on : 22th July 2013