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Sherwin-Williams Selling 100 Stores to Agree Realty for $150 Million

Retail Sale-Leaseback Deals Gain Steam Thanks to Cheap Rates and New Tax Laws
Sherwin-Williams is among the many retail companies that have sold properties in a sale-leaseback arrangement.
Sherwin-Williams is among the many retail companies that have sold properties in a sale-leaseback arrangement.
By Jennifer Waters
CoStar News
December 13, 2018 | 8:44 P.M.

Sale-leaseback agreements are driving retail real estate strategies at companies like Sherwin-Williams, which this week entered into an agreement to sell more than 100 paint stores to Bloomfield Hills, Michigan-based Agree Realty for more than $150 million.

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News | Sherwin-Williams Selling 100 Stores to Agree Realty for $150 Million