ExchangeRight Acquires 13 Net-Leased Properties in Sale-Leaseback

ExchangeRight has acquired 13 net-leased properties as part of a sale-leaseback transaction with Tractor Supply. The properties span over 425,000 square feet across Arizona, Florida, Georgia, Indiana, Maryland, Ohio, Pennsylvania, South Carolina, and Texas. The firm has now expanded its portfolio of net leased assets to Tractor Supply to more than 100 properties.

“Tractor Supply provides essential goods and has a strong BBB investment-grade credit rating from S&P, which are the kinds of stable qualities we look for in all tenants of our diversified net-leased offerings,” said David Fisher, a managing partner at ExchangeRight.

Pasadena-based ExchangeRight and its affiliates’ vertically integrated platform features over $6.3 billion in assets under management across more than 1,300 properties, and 25 million square feet throughout 47 states.