More Retailers Exploring Sale/Leaseback Options Putting More Property in Play
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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 it acquired following a merger that closed in February. Fast-food chain Wendy’s has identified about 315…
Tampa/St. Petersburg Commercial Real Estate News From CoStar Group
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