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Plus Smoothie King CEO launches new Asian concept; Rosewood Property Company and Champion Partners started construction on South Dallas industrial; and more.
The sale-leaseback transaction, nearly dormant in 2020, is coming back in vogue as investors search the pandemic-riddled landscape for yield while cash-strapped tenants hunt for capital infusions. Often parties with these two convergent interests find a solution in sale-leaseback transactions, or deals where businesses sell off properties to commercial real estate investors and then lease the same spaces back as tenants. "I would say the current backdrop is incredibly conducive for sale-leasebacks right now," SLB Capital Advisors Managing Partner Scott Merkle said. "I would go as far as t...
Deal Ticker: Yokohama Tire Corporation Expands Distribution Network in DFW Plus: Richardson's Office of Strategic Initiatives is moving into the city's innovative quarter; Gulf Relay leases massive South Dallas industrial space, and more. Share your top deals by emailing Real Estate Editor Bianca R. Montes at [email protected]. Yokohama Tire Corporation will expand its distribution network in the U.S. at Intermodal III Industrial Park. Duke Realty Corporation’s Dallas office secured a long-term lease for the company for the 431,630-square-foot facility in Wilmer, about 15 miles southeast ...