BGL’s Real Estate Team Advises Forms+Surfaces on Sale-Leaseback with Institutional Net Lease Buyer

Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the financial closing of a sale-leaseback transaction involving the five-property industrial portfolio of Forms +Surfaces, Inc. (F+S) in Pittsburgh, Pennsylvania, and Phoenix, Arizona. An Institutional Net Lease Buyer acquired the approximately 480,000-square-foot portfolio. BGL's Real Estate team served as the exclusive financial advisor to F+S. The terms of the transaction were not disclosed.

The transaction highlights BGL's ability to deliver strategic, enterprise-wide real estate solutions that address clients' financial and operational objectives across multiple geographies.

The state-of-the-art industrial manufacturing portfolio supports F+S's two primary business units: architectural products in Phoenix and site products in Pittsburgh. Both businesses emphasize customization and sustainability, seamlessly blending aesthetics with functionality. F+S offers a comprehensive portfolio of interior and exterior solutions, including elevator interiors, wall and column systems, security bollards, pedestrian lighting, and outdoor site furniture. Its products are engineered for complex, design-intensive projects with demanding performance and aesthetic requirements.

Forms+Surfaces is a leading global designer and manufacturer of premium architectural products and integrated site solutions for high-traffic public, commercial, and institutional environments across North America and internationally. The company leverages its long-standing relationships with architects, designers, developers, and government agencies to serve key end markets, including airports, commercial buildings, restaurants and hotels, healthcare facilities, public parks and civic centers, and universities.

About BGL's Real Estate Team

BGL's Real Estate team offers comprehensive real estate investment banking services tailored to the middle market. It provides client-focused solutions with an emphasis on real estate advisory, debt, preferred, and private equity placement, financial restructuring, recapitalizations, sale-leasebacks, structured finance, and asset acquisitions and dispositions across all asset classes. The team assists real estate owners and developers looking to form alliances and joint ventures with single-source capital providers to gain local and institutional access for all capital needs.