Getty Realty closes $260.9M sale-leaseback with Refuel
Getty Realty closed a $260.9M sale-leaseback with Refuel for 41 c-stores, entering four 20-year unitary net leases with 5-year rent bumps.
9M sale-leaseback with Refuel covering 41 c-stores. The deal includes four 20-year unitary net leases with 5-year rent bumps. Funding is expected to be leverage-neutral through forward equity, a new $200M term loan and at least $50M of asset sales.