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More Retailers Exploring Sale/Leaseback Options Putting More Property in Play

Despite a drop in the number of retail property sale/leasebacks in the first quarter of this year, there appears to be a substantial pipeline of deals building up as more merchants explore the option. Among those actively looking to sell off corporate-owned stores is Mattress Firm Holding Corp., which has begun selling 1,050 Sleepy’s stores […]

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W.P. Carey Completes $217 Million Sale-Leaseback with Forterra

W.P. Carey (NYSE: WPC) engaged Irving, TX-based Forterra in a sale leaseback transaction that will keep the multinational manufacturer of concrete and clay building products and its subsidiaries in 49 of its facilities throughout North America for a period of 20 years. An internally-managed net lease REIT headquartered in New York City, WPC paid $ […]

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