--- title: Industrial and Outdoor Storage Sale Leaseback in Mississippi description: Learn how MiddleGround Capital utilized a successful sale leaseback transaction to pay down debt and fund facility improvements at Attala Steel in Mississippi. Find out how Ascension's expertise in industrial and outdoor storage sale leasebacks helped achieve their objectives. image: https://ascensionadvisory.com/hubfs/Industrial%20Outdoor%20Storage.webp --- [![Ascension](https://ascensionadvisory.com/hubfs/raw_assets/public/ascension/images/logo-wordmark-white-green.png)](https://ascensionadvisory.com/?hsLang=en) Menu - Sale Leasebacks Show Sale Leasebacks submenu - [Sale Leaseback Overview](https://ascensionadvisory.com/sale-leaseback-overview?hsLang=en) - [SLB For Business Owners](https://ascensionadvisory.com/services-business-owners?hsLang=en) - [SLB For Financial Sponsors](https://ascensionadvisory.com/services-private-equity-firms?hsLang=en) - [SLB For Referral Partners](https://ascensionadvisory.com/services-referral-partners?hsLang=en) - [Build to Suit Financing](https://ascensionadvisory.com/build-to-suit-financing?hsLang=en) - [Lease Advisory](https://ascensionadvisory.com/lease-avisory?hsLang=en) - [Notable Transactions](https://ascensionadvisory.com/sale-leaseback-transactions?hsLang=en) - Mergers & Acquisitions Show Mergers & Acquisitions submenu - [Sell Your Business](https://ascensionadvisory.com/sell-your-business?hsLang=en) - [The Seller's Checklist](https://ascensionadvisory.com/the-sellers-checklist?hsLang=en) - [2026 M&A Report](https://ascensionadvisory.com/business-owner-ma-report?hsLang=en) - [The Exit Playbook Course](https://ascensionadvisory.com/the-exit-playbook-course?hsLang=en) - Insights Show Insights submenu - [Ascension Blog](https://ascensionadvisory.com/ascension-advisory-blog) - [Press & Publications](https://ascensionadvisory.com/press-and-publications?hsLang=en) - [2026 Ascension Magazine](https://ascensionadvisory.com/hubfs/Ascension%20Magazine%202026%20(standalone)%20(4).html?hsLang=en) - [SLB and M&A Courses](https://ascensionadvisory.com/ascension-learning?hsLang=en) - [2026 M&A Report](https://ascensionadvisory.com/business-owner-ma-report?hsLang=en) - [Private Equity SLB Report](https://ascensionadvisory.com/private-equity-sale-leaseback-report?hsLang=en) - [Team](https://ascensionadvisory.com/team?hsLang=en) [Contact](https://ascensionadvisory.com/contact-us?hsLang=en) [Case Study](https://ascensionadvisory.com/ascension-advisory-blog/tag/case-study), [Outdoor Storage](https://ascensionadvisory.com/ascension-advisory-blog/tag/outdoor-storage) # Industrial and Outdoor Storage Sale Leaseback in Mississippi [By \- Spencer Freid,](https://ascensionadvisory.com/ascension-advisory-blog/author/spencer-freid) Apr 24, 2023 ![Industrial Outdoor Storage](https://ascensionadvisory.com/hubfs/Industrial%20Outdoor%20Storage.webp) **Background:** The Ascension Team represents MiddleGround Capital, the private equity owner of Attala Steel, a leading fabricator of specialty steel foundation components for ground-mounted utility-scale solar PV installations based out of Mississippi. MiddleGround had had recently invested millions of dollars into the steel mill and storage location. **Client Objective:**  MiddleGround Capital engaged the Ascension team to facilitate the sale leaseback transaction. The firm's objective was to generate sufficient sale leaseback proceeds in order to pay down existing corporate debt and fund the recent facility improvements at Attala’s 40+ acre facility. **Solution:**  Ascension’s track record of successful industrial and outdoor storage sale leasebacks provided MiddleGround with the comfort of having a well-equipped team to run an expedited and aggressive marketing process for the client. As a result, multiple offers from both institutional and private buyers were received, and the transaction closed successfully within the timeframe desired by MiddleGround.   ### Let’s Talk   ###### Category - [Journal Article](https://ascensionadvisory.com/ascension-advisory-blog/tag/journal-article) - [Case Study](https://ascensionadvisory.com/ascension-advisory-blog/tag/case-study) - [M&A](https://ascensionadvisory.com/ascension-advisory-blog/tag/ma) - [Private Equity](https://ascensionadvisory.com/ascension-advisory-blog/tag/private-equity) - [Industrial](https://ascensionadvisory.com/ascension-advisory-blog/tag/industrial) - [Manufacturing](https://ascensionadvisory.com/ascension-advisory-blog/tag/manufacturing) - [Automotive](https://ascensionadvisory.com/ascension-advisory-blog/tag/automotive) - [Press Release](https://ascensionadvisory.com/ascension-advisory-blog/tag/press-release) - [Europe](https://ascensionadvisory.com/ascension-advisory-blog/tag/europe) - [Food Distribution](https://ascensionadvisory.com/ascension-advisory-blog/tag/food-distribution) - [Notable Transactions](https://ascensionadvisory.com/ascension-advisory-blog/tag/notable-transactions) - [Retail](https://ascensionadvisory.com/ascension-advisory-blog/tag/retail) - [Car Wash](https://ascensionadvisory.com/ascension-advisory-blog/tag/car-wash) - [Healthcare](https://ascensionadvisory.com/ascension-advisory-blog/tag/healthcare) - [Outdoor Storage](https://ascensionadvisory.com/ascension-advisory-blog/tag/outdoor-storage) - [Cold Storage](https://ascensionadvisory.com/ascension-advisory-blog/tag/cold-storage) - [Quick Service Restaurant](https://ascensionadvisory.com/ascension-advisory-blog/tag/quick-service-restaurant) - [Tax Benefits](https://ascensionadvisory.com/ascension-advisory-blog/tag/tax-benefits) - [Build to Suit](https://ascensionadvisory.com/ascension-advisory-blog/tag/build-to-suit) - [Capital Markets](https://ascensionadvisory.com/ascension-advisory-blog/tag/capital-markets) - [Pharmaceutical](https://ascensionadvisory.com/ascension-advisory-blog/tag/pharmaceutical) - [pharm](https://ascensionadvisory.com/ascension-advisory-blog/tag/pharm) ###### Popular Post - [The Difference Between Tuck-ins, Add-ons, and Platforms in M&A](https://ascensionadvisory.com/ascension-advisory-blog/the-difference-between-tuck-ins-add-ons-and-platforms-in-ma?hsLang=en) - [Why Airlines Use Sale Leasebacks to Unlock Capital and Stay Airborne](https://ascensionadvisory.com/ascension-advisory-blog/why-airlines-use-sale-leasebacks-to-unlock-capital-and-stay-airborne?hsLang=en) - [The Difference Between Platforms and PortCo's in Private Equity](https://ascensionadvisory.com/ascension-advisory-blog/the-difference-between-platforms-and-portcos-in-private-equity?hsLang=en) - [How to Structure a Leveraged Buyout for Maximum Value](https://ascensionadvisory.com/ascension-advisory-blog/how-to-structure-a-leveraged-buyout-for-maximum-value?hsLang=en) - [Case Study: Valeo Foods €88 Million European Sale Leaseback](https://ascensionadvisory.com/ascension-advisory-blog/case-study-valeo-foods-88-million-european-sale-leaseback?hsLang=en) ###### Subscribe ### Leave a Comment ### Similar Blogs ![workplace safety hard hat](https://ascensionadvisory.com/hs-fs/hubfs/Workplace%20Safety.webp?width=352&name=Workplace%20Safety.webp) #### [Sale Leaseback of Leading Workplace Safety Solutions Manufacturer](https://ascensionadvisory.com/ascension-advisory-blog/sale-leaseback-of-leading-workplace-safety-solutions-manufacturer?hsLang=en) By [Spencer Freid](https://ascensionadvisory.com/ascension-advisory-blog/author/spencer-freid) 9 August 2023 Background:The Ascension team represents SixAxis, a private-equity backed North American leader in... [READ MORE](https://ascensionadvisory.com/ascension-advisory-blog/industrial-and-outdoor-storage-sale-leaseback-in-mississippi) ![Ascension Advisory Completes Another Sale Leaseback for Colson Group](https://ascensionadvisory.com/hs-fs/hubfs/Colson%20Group.jpg?width=352&name=Colson%20Group.jpg) #### [Ascension Advisory Completes Another Sale Leaseback for Colson Group](https://ascensionadvisory.com/ascension-advisory-blog/ascension-advisory-completes-another-sale-leaseback-for-colson-group?hsLang=en) By [Spencer Freid](https://ascensionadvisory.com/ascension-advisory-blog/author/spencer-freid) 23 June 2026 Ascension Advisory is pleased to announce the successful completion of a sale leaseback transaction... [READ MORE](https://ascensionadvisory.com/ascension-advisory-blog/industrial-and-outdoor-storage-sale-leaseback-in-mississippi) ![seanair aeroplane on tarmac ](https://ascensionadvisory.com/hs-fs/hubfs/Seanair.webp?width=352&name=Seanair.webp) #### [Sale Leaseback for Seanair: Leading Precision Aerospace Parts Provider](https://ascensionadvisory.com/ascension-advisory-blog/strategic-sale-leaseback-for-seanair-leading-precision-aerospace-parts-provider?hsLang=en) By [Spencer Freid](https://ascensionadvisory.com/ascension-advisory-blog/author/spencer-freid) 29 April 2024 **Introduction:** Ascension Advisory is thrilled to highlight the successful completion of a strategic... [READ MORE](https://ascensionadvisory.com/ascension-advisory-blog/industrial-and-outdoor-storage-sale-leaseback-in-mississippi) [![Ascension](https://ascensionadvisory.com/hubfs/raw_assets/public/ascension/images/logo-wordmark-white-green.png)](https://ascensionadvisory.com/?hsLang=en) Sale leaseback and M&A advisory for private companies, financial sponsors and family offices. ## Services - [Sale Leaseback Advisory](https://ascensionadvisory.com/sale-leaseback-overview?hsLang=en) - [M&A Solutions](https://ascensionadvisory.com/sell-your-business?hsLang=en) - [Transactions](https://ascensionadvisory.com/sale-leaseback-transactions?hsLang=en) ## Firm - [Team](https://ascensionadvisory.com/team?hsLang=en) - [Insights](https://ascensionadvisory.com/ascension-advisory-blog) - [Contact](https://ascensionadvisory.com/contact-us?hsLang=en) - [LinkedIn](https://www.linkedin.com/company/ascensionadvisory/posts/?viewAsMember=true) ## Offices - New York - London - Toronto - Madrid - Miami - Mexico City - [LinkedIn](https://www.linkedin.com/company/ascension-advisory) © 2026 Ascension Advisory™ - [Privacy Policy](https://ascensionadvisory.com/privacy-policy?hsLang=en) - [Terms & Conditions](https://ascensionadvisory.com/terms-conditions?hsLang=en) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Spencer Freid", "url" : "https://ascensionadvisory.com/ascension-advisory-blog/author/spencer-freid" }, "dateModified" : "2025-04-22T12:26:37.356Z", "datePublished" : "2023-04-24T16:36:00.000Z", "headline" : "Industrial and Outdoor Storage Sale Leaseback in Mississippi", "image" : [ "https://ascensionadvisory.com/hubfs/Industrial%20Outdoor%20Storage.webp" ], "mainEntityOfPage" : { "@id" : "https://ascensionadvisory.com/ascension-advisory-blog/industrial-and-outdoor-storage-sale-leaseback-in-mississippi", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://ascensionadvisory.com/hubfs/Logos/ascencion_black+green.jpg" }, "name" : "Ascension Advisory RE LLC" } } ```