---
schema_version: "secwatch.filing_event.v1"
accession: "0001185185-25-000212"
form_type: "8-K"
ticker: "EDUC"
cik: "0000031667"
company_name: "EDUCATIONAL DEVELOPMENT CORP"
filed_at: "2025-03-24T23:59:59+00:00"
generated_at: "2026-05-24T07:07:08.658540+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# EDC engages Keen-Summit to market sale of Hilti Complex HQ and warehouse

## Summary
- Brokerage agreement signed March 21, 2025 with Keen-Summit Capital Partners to market the Hilti Complex for nine months.
- Property includes 402,000 sq ft on 35 acres; occupied by EDC, Hilti, and Crusoe under multi-year leases.
- CEO Craig White expects sale to close within calendar year; EDC will sign new multiyear lease for its space post-sale.
- McGraw Davisson Stewart continues as local broker working alongside Keen-Summit.

## SEC filing metadata
- accession: 0001185185-25-000212
- form_type: 8-K
- ticker: EDUC
- cik: 0000031667
- company_name: EDUCATIONAL DEVELOPMENT CORP
- filed_at: 2025-03-24T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/31667/000118518525000212/0001185185-25-000212-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/31667/000118518525000212/educ8k032425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001185185-25-000212
- JSON: https://secwatch.observer/filing/0001185185-25-000212.json
- Plain text: https://secwatch.observer/filing/0001185185-25-000212.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.