10/19/2026 | Press release | Distributed by Public on 10/19/2026 12:45
On October 15, 2026, Royal Oak acquired a 32,700 SF industrial manufacturing facility situated on approximately 6.53 acres in Washington, NC through a sale-leaseback transaction. The property is leased to SMT, Inc. and supports the company's expansion into the E-housing market.
SMT is a full-service sheet metal manufacturing company founded in 1969. The company is an existing Royal Oak tenant, and the Washington facility is the second SMT property in the portfolio, alongside its primary location in Raleigh, NC.
SMT Website