Twitter Feed

Real Estate Events Calendar

<<  May 2012  >>
 Mon  Tue  Wed  Thu  Fri  Sat  Sun 
   1  2  3  4  5  6
  7  8  910111213
14151617181920
21222324252627
28293031   
$49M Exxon Deal a Rarity in Quiet Seal-Leaseback Market PDF Print E-mail
Friday, 02 October 2009 07:14
A convenient method for property owners to secure a quick cash infusion, sale-leaseback transactions were plentiful just a couple of years ago, but now it is usually only the more financially burdened of sellers that resort to accepting lowball sale-leaseback offers. Whether White Oak Petroleum L.L.C. falls into the aforementioned category is unclear, but the Springfield, Va.-based company just sold 36 Exxon gasoline station and convenience store properties for $49 million in a sale-leaseback transaction with Jericho, N.Y.-based Getty Realty Corp.




Read Full Article
Comments (0)Add Comment

Write comment
You must be logged in to post a comment. Please register if you do not have an account yet.

busy