CHICAGO, IL – March 4, 2020 – STREAM Capital Partners, LLC, a national net lease and sale-leaseback advisory group, has arranged the sale and leaseback of two state licensed adult use cannabis retail dispensaries in Colorado.
The 10,000 square foot portfolio sold for $4,150,000. The lease in place is structured as an absolute triple net with periodic increases. Tom Lovell represented the seller on the transaction.
Said Lovell of the transaction, “Raising capital for cannabis companies has become even more difficult with the recent downturn in the debt and equity capital markets for cannabis operators. Real estate sale leaseback financing is the best option available for cannabis operators to capitalize their growing needs as they expand their real estate footprint.”
Lovell continued, “Since 2017 STREAM Capital Partners has been very active in helping its customers in the cannabis industry obtain sale leaseback financing at the most competitive terms available in the marketplace.”
Please contact advisor, Tom Lovell, for more information.