While retailers like Big Lots, which completed a $725 million sale leaseback of fourdistribution centers, are making headlines with sale/leasebackactivity, companies in other sectors are also eyeing suchtransactions.
"It [the interest in sale/leasebacks] is across industries,"says Jeff Berryhill, principal at Stonemont Financial Group. "Ithink retailers tend to be a little bit more visible becausethey're doing some of the bigger transactions that have beenannounced."
Of course, part of the reason retailers are making headlines isbecause COVID-19 put their businesses in peril.
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Leslie Shaver
Les Shaver has been covering commercial and residential real estate for almost 20 years. His work has appeared in Multifamily Executive, Builder, units, Arlington Magazine in addition to GlobeSt.com and Real Estate Forum.
