Central to the deal to take Denny’s private this year was a $145.5 million sale‑leaseback involving 69 properties sold by the restaurant chain to Essential Properties Realty Trust, a publicly traded REIT specializing in long‑term net‑lease assets occupied by middle‑market operators across the U.S.
Denny’s completes $145.5 million sale‑leaseback following sale to private ownership
Long‑term leases extend potential control of retail sites in 15 states to 65 years
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IN THIS ARTICLE
- Properties
- Companies
- Essential Properties Realty Trust
Real Estate
- Denny's, Inc.
Accommodation and Food Services