MAG Capital Partners Acquires 105,986-SF Northern Alabama Manufacturing Facility via Sale Leaseback

MAG Capital Partners acquired a 105,986-square-foot industrial manufacturing facility in Hartselle, Alabama, which is occupied by Excel Interior Door, a leading manufacturer of interior wooden doors. Located at 1101 Young Drive SE, the single-story facility features 20 ft. clear ceiling heights, four loading docks and 22 grade-level doors. The approximately 10-acre property is situated in the heart of one of the nation’s busiest transportation hubs in North Alabama near Huntsville and the banks of the Tennessee River. The terms of the sale-leaseback transaction were undisclosed.

Excel Door serves a diverse range of wholesale building product distributors that supply materials to builders and developers in the residential construction sector. In 2022, Drum Capital and Trident acquired the company to support its next stage of growth.

“Long led led by industry experts, Excel Door is widely known for exceptional products, reliable fulfillment and loyal customers,” said Dax T.S. Mitchell, principal of MAG Capital Partners. “Excel Doors’ dedication to its craft and excellent service was evident in all our interactions throughout the transaction.”

“Dax and the MAG Capital team have shown themselves to be terrific partners during our smooth closing process. We look forward to working together over the long term in pursuing the next frontier of growth for our portfolio company Excel Interior Door,” said Eric Taylor, CEO and CIO of Trident. “Excel has built an incredible reputation in the southeast for best-in-class interior doors, and we are eager to build on the success the company has achieved to date.”

About MAG Capital Partners, LLC

Dallas-based MAG Capital Partners, LLC invests in industrial real estate and operating companies throughout the continental United States.