CHICAGO, IL – April 20, 2020 – STREAM Capital Partners, LLC, a national net lease and sale-leaseback advisory group, has arranged the $3.75 million sale of an industrial net leased property near Mobile, Alabama.
The facility serves as the corporate headquarters for Educators Resource, a leading wholesale distributor of school supplies and K-12 supplemental teaching materials to e-retailers and brick-and-mortar stores nationwide.
Adam Baxter of STREAM Capital Partners represented the seller, a local family, in the transaction. The property was sold to an internally sourced, high net worth buyer based in Tennessee.
Baxter said of the transaction, “This acquisition is a great addition to the buyer’s portfolio given his current holdings of multiple warehouse and distribution assets in the Southeast.