![Dow Jones / The Wall Street Journal](https://a.mpcdn.io/slb/2021/12/DJ-WSJ-1.png?auto=compress%2Cformat&ixlib=php-3.3.1)
June 6, 2024 – SLB Capital Advisors’ perspectives on the sale leaseback market cited by WSJ in Dow Jones Market Talk
- The U.S. recorded 148 sale leasebacks with a total value of $1.83 billion during 1Q, down from $4.66 billion across 173 transactions in the year-ago period, according to sale-leaseback specialist SLB Capital Advisors
- Industrial sectors represented 38% of the deals in 1Q compared to 43% in the full-year period of 2023, while the retail sector’s share rose to 36% from 31%
- The largest sale leaseback in the period was the $175 million acquisition of the real-estate assets of Tioga Down Casino Resort in Nichols, N.Y. by Gaming and Leisure Properties