Blue Owl affiliate completes $91.7M sale-leaseback with Trustmark
Funds managed by Blue Owl Cap completed a $91.7M sale-leaseback transaction with Trustmark.
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Funds managed by Blue Owl Cap completed a $91.7M sale-leaseback transaction with Trustmark.
Trustmark sold 34 bank branch properties for $91.7 million to Blue Owl and entered long-term triple-net leases to continue operations. Leases cover branches in Mississippi, Florida, Tennessee, Alabama and Texas, starting at $6.4 million in aggregate rent.