“We are looking to grow our footprint at this point,” said partner Lynda Galligan, who has led the firm’s California growth. “We have everything covered, it's just a matter of growth.”
The transaction, encompassing 49 SONIC Drive-In locations, represents the company’s third sale-leaseback portfolio for the restaurant this year.
Investors are shedding properties before the clock strikes 2022 to avoid any potential changes to the capital gains tax law next year.
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Digital transformation has become a business imperative. As CRE shifts from an asset lease to a service delivery model, data-driven decision making will continue to mature. Download this eBook for a roadmap and best practices to achieving the benefits of digitization.
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