16
Jan
STORE Capital Invests $21M in Two-Bldg. Sale-Leaseback with Erickson Framing
Scottsdale, AZ-based STORE Capital Corp., a triple-net lease REIT whose name is an acronym for Single Tenant Operational Real Estate, recently acquired a two-building industrial portfolio located in Chandler, AZ and Roseville, CA from Erickson Framing Operations LLC for $21 million, or approximately $156 per square foot.
The sale/leaseback included the single-story 56,000-square-foot lumber yard Erickson Framing had owned at 8350 Industrial Ave…
Source: Costar News
