November 24, 2024 10:10 am
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Scottsdale REIT seeking to sell stock in IPO offering

StoreBy Russ Wiles | The Arizona Republic

Store Capital Corp., a Scottsdale company that leases real estate to restaurants, retailers and other commercial tenants, has filed paperwork to sell shares for the first time in the stock market.

The company already counts $2.37 billion in assets invested in 767 properties in 43 states. Tenants include Applebee’s, Ashley Furniture and Popeye’s Louisiana Kitchen. Others include movie theaters, health clubs and child-care centers. Some 29 properties are located in Arizona, with heavier concentrations in California, Illinois, Texas and several Southeastern states.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.