Blue Owl funds buy 34 Trustmark bank branches in USD 91.7 million sale-leaseback deal
OWL•Portfolio spans five states
The portfolio spans five states, expanding Blue Owl’s net lease real assets exposure to bank branches.
Blue Owl completes branch sale-leaseback acquisition
Blue Owl completed a USD 91.7 million sale-leaseback acquisition of 34 Trustmark bank branch properties.
Trustmark signed 15-year triple net leases on all sites, providing contractual rent; the leases include three five-year renewal options.
