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About / News / Sale-Leaseback

3 REASONS WHY BUSINESSES WILL UTILIZE SALE-LEASEBACKS TO BATTLE COVID CASH CRUNCH

By: Luke Timmis As COVID-19 has thrown the world into uncharted territory, businesses across the globe are finding ways to create liquidity and fuel a comeback. Corporations with owned real estate, however, have a unique advantage to extract capital at above-market pricing for its properties by utilizing sale-leasebacks. Below are three reasons why businesses are […]

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Kelly Services renovating headquarters, consolidating space with sale-leaseback deal

Kelly Services renovating headquarters, consolidating space with sale-leaseback deal

A sale-leaseback deal expected to close early next year will result in a real estate musical chairs for Troy-based Kelly Services Inc., which is consolidating employees into a renovated headquarters building and another building nearby. The publicly traded staffing company (NASDAQ: KELYA, KELYB) on Thursday announced a pending sale of three of its owned properties, […]

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Art Van buildings in Livonia, Shelby Township, Howell listed for sale

Art Van buildings in Livonia, Shelby Township, Howell listed for sale

STORE Capital Corp. is selling five of its Art Van Furniture LLC-leased buildings, including three in Southeast Michigan, to fund more development for the Warren-based furniture and mattress seller. The Scottsdale, Ariz.-based publicly-traded real estate investment trust (NYSE: STOR) is seeking $56.55 million, or about $173.80 per square foot, for the properties, which sit on […]

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