Tandy Leather sells Fort Worth HQ for $26.5M cash; expects to close Jan 2025

TANDY LEATHER FACTORY INC

Sold corporate headquarters, distribution center, and flagship store to Colonna Brothers, Inc. for $26.5 million cash.
Transaction expected to close in January 2025; company will lease back current spaces until approximately September 2025.
Company plans to use sale proceeds to identify and prepare new facilities in the Fort Worth, Texas area.

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