Virginia Business Earnings
Commercial Vehicle Group completes sale-leaseback of Dublin plant
Commercial Vehicle Group (CVG), an Ohio-based industrial products and services company, has completed a sale-leaseback of its 83,683-square-foot manufacturing facility in Dublin, Virginia. California-based DWG Capital Partners purchased the property for $4 million to $4.5 million, and CVG has leased it back for 20 years. This transaction allowed CVG to apply $3.8 million in net proceeds to a …