March 31, 2021

STREAM Arranges $34.4 Million Sale Leaseback of 5-property Portfolio for National Convenience Distributors

CHICAGO, IL –March 31, 2021 – STREAM Capital Partners, LLC, a national net lease and sale-leaseback advisory group, has arranged the sale and leaseback of a portfolio of properties for National Convenience Distributors. The properties total 381,355 square feet.

Daniel Macks, Chelsea Mandel, and Jeff Lizzo of STREAM Capital Partners represented the seller in the transaction. 

Mandel said of the transaction, “Given the essential nature of the business paired with the cold storage real estate assets, we were able to generate substantial investor demand and achieve record pricing in the submarket.” Macks added “This was a great transaction for the Seller who is able to utilize the proceeds to fuel company growth, while the Buyer was able to expand their industrial footprint and gain as a long-term tenant a leading operator in the C-store distribution space.” Please contact broker, Daniel Macks, Chelsea Mandel or Jeff Lizzo for further details on this transaction.

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