W. P. Carey Inc is a diversified net-lease real estate investment trust specializing in single-tenant commercial properties. The company structures sale-leaseback and build-to-suit transactions to provide long-term net lease financing across a variety of asset classes, including industrial facilities, office buildings, retail centers and self-storage facilities. By employing triple net leases, W. P. Carey transfers property operating expenses, taxes and maintenance responsibility to tenants, creating a stable, predictable income stream for investors.
Founded in 1973 by William Polk Carey, the firm has expanded organically and through strategic mergers and acquisitions. A landmark transaction in June 2015 combined W. P. Carey with CPA:17 – Global, bolstering its international footprint and broadening its access to European and Asia-Pacific markets. Today, the company’s geographically diversified portfolio spans the United States, Western Europe and key markets in Asia-Pacific, reflecting a tenant roster that includes corporate, industrial and government entities across multiple industries.
W. P. Carey is led by Executive Chairman William P. Carey alongside President and Chief Executive Officer David A. Davenport, supported by a seasoned management team with deep expertise in real estate finance, asset management and capital markets. The firm emphasizes disciplined underwriting, proactive asset management and a long-term investment horizon, aiming to deliver sustained shareholder value through the stability and growth potential of its net-lease platform.