✉news BusinessRetail first seen 5 h ago, last 58 min ago, peak #12
JLL and GA Group Arrange $74.7 Million Family Dollar Sale-Leaseback
Original: JLL, GA Group Arrange $74.7 Million Sale-Leaseback of Family Dollar Retail Portfolio
JLL and GA Group have arranged a $74.7 million sale-leaseback of a Family Dollar retail portfolio. Under the deal, the properties backing the discount retailer's stores were sold to an investor while Family Dollar continues operating them as a tenant, a structure that lets companies unlock capital tied up in real estate. The transaction adds to ongoing dealmaking activity around the Family Dollar banner and the broader sale-leaseback market.
Why now: Retail real estate investors are tracking large sale-leaseback deals involving the Family Dollar portfolio amid ongoing corporate restructuring at the discount retailer.
Evidence
- JLL, GA Group Arrange $74.7 Million Sale-Leaseback of Family Dollar Retail Portfolio · Shopping Center Business
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