Leasing

Net proceeds from the sale are $543 million, and the investment has a gain of $425 million.

The transaction, encompassing 49 SONIC Drive-In locations, represents the company's third sale-leaseback portfolio for the restaurant this year.

People want to go back to work and preserve the flexibility that they gained during the pandemic.

The activity comes amidst conflicting data on how many people are actually returning to offices across Manhattan.

Employees want to be aligned with companies that are responsible, forward-thinking and ideologically similar.

This niche rental industry continues to outperform and is expected to accelerate in 2022.

Technology deployment is increasing to streamline operations, according to the Grace Hill & LeaseLock survey.

The Irvine, California property was renovated in 2019 and is fully leased to Anduril Industries.