SMT, Inc.

Smt Inc

Stats:

7300 ACC Blvd, Raleigh, North Carolina
Total Square Footage: 175,275
Acquired: April 3, 2024
Tenant Name: SMT, Inc.

On April 3, 2024, Royal Oak acquired the manufacturing facility of SMT, Inc. (“SMT”) located in Raleigh, North Carolina. The property is located in the Raleigh-Cary, North Carolina, MSA. The property was built in 1990 as a built-to-suit structure for SMT and has been utilized in that capacity since completion, serving as SMT’s sole domestic manufacturing facility until the recent construction of a 40,000 square foot facility in Washington, North Carolina. This is a 20-year Absolute Net Lease.

The mission-critical building is equipped with 6000-amp power, 21-foot clear heights throughout, as well as nine loading docks, one roll-up door, and multiple 6-ton cranes. The building is air conditioned throughout via rooftop units and sits on 12.2 acres of land.

SMT is a full-service sheet metal manufacturing company that provides a wide range of sheet metal manufacturing services, including engineering, cutting/punching, forming, welding, powder coating, and assembly. The Company employs approximately 150 people and caters to a global clientele. The company was acquired in 2022 by Rise Capital, a family office/private equity firm.

https://smtcoinc.com/