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Net lease REIT Realty Income buys local Parker Kitchen retail portfolio in sale-leaseback deal

$46.67 million deal includes seven properties in Georgia and South Carolina
A Parker's Kitchen location in Savannah. (CoStar)
A Parker's Kitchen location in Savannah. (CoStar)
By Christopher Goodwyn with
CoStar Research
June 12, 2026 | 6:19 P.M.

Realty Income Corp., a California-based real estate investment trust that has been actively expanding its footprint by acquiring single-tenant, net-leased retail and convenience store assets across the Sun Belt, purchased seven Parker Kitchen locations in a sale-leaseback transaction.

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