Academy Sports+ Outdoors, one of the nation’s largest sporting goods retailers, operates over 100 stores across the southeastern United States and ranks among the highest in sales per store and highest sales per square foot of any other sporting goods retailer in the country, experiencing a compounded annual sales growth rate of 17% over the past ten years. The Cogent Group purchased two locations totaling 172,000 square feet located on a combined 17 acres in San Antonio and Tyler, TX.
Calloway’s (PK:CLWY)A 4,898 square foot nursery retail facility located on 3.23 acres in Flower Mound, Texas. Founded in 1986, Calloway’s Nurseries is a 19-store garden center chain serving the Dallas, Fort Worth, and Houston markets.
Grey Stogner has developed and managed assets for several institutions including Invesco, General Electric Pension Trust and Sun life, which involves tenants such as Tom Thumb, Costco, Wal-Mart, Walgreen’s, Starbucks, and Bank of Ameri ca. This work includes asset management, property management, acquisition, disposition, and financing of the assets. Over the course of their respective careers, Joe Longbotham and Scott Kipp were instrumental in facilitating numerous sale-leaseback transactions, a sampling of which follows:
Company | Value | Portfolio/Property Information |
---|---|---|
7-Eleven | $133,655,000 | 33 locations |
Beckman Coulter, Inc. | $285,000,000 | 18 buildings, including office, light assembly, warehouse, mfg. |
Calloway’s Nursery | $2,750,000 | Flower Mound, Texas |
Circuit City Stores | $800,000,000 | 130 locations, including retail stores and distribution centers |
Georgia Pacific | $175,000,000 | 38 distribution centers |
The Great Atlantic & Pacific Tea Co. (A&P) | $390,000,000 | Distribution centers, free standing stores, and shopping centers |
Huntington Bancshares | $181,500,000 | 59 bank branches |
Raley’s | $26,319,000 | 6 grocery stores |
Sovereign Bancorp | $330,000,000 | 127 banks and office buildings |