GIC, Oak Street to Acquire Store Capital for $14 Billion
September 15, 2022 – SLB Capital Advisors cited by CoStar in review of GIC / Oak Street’s acquisition of STORE Capital
SLB Capital Advisors Managing Partner Scott Merkle shared perspectives with CoStar on GIC / Oak Street’s acquisition of STORE Capital.
“In the normally staid net lease real estate world, this is a monster transaction that, if consummated, will result in the take-private of the third largest publicly traded net lease REIT,” [said] Scott Merkle, managing partner for SLB Capital Advisors, a real estate advisory firm specializing in sale leasebacks.
“GIC and Oak Street are acquiring one of the most prolific sale leaseback investors that regularly deploys well north of $1 billion a year.”
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