REI Co-op enters into sale-lease back agreement with Madison Capital for distribution center properties
02.21.2025
Heartland is very pleased to continue our longstanding relationship with REI with this portfolio transaction. The capital market’s robust appetite for this offering was driven by the very high-quality environmentally sustainable assets, core submarkets and REI’s national brand recognition. Special thanks to Joanna Schmitt at REI, and our team of local brokers which include, Melissa Alexander and Casey Flannery at Foundry Commercial in Nashville; Eric Mattson, Bob Yoshimura and Joe Hill at BRK in Pennsylvania, and Riley Gilbert and Kelly Royle at JLL in Phoenix.
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