other_material
confidence high
sentiment neutral
materiality 0.60
Sculptor REIT agrees to buy Marysville distribution center for $122M; closing Q4 2025
Sculptor Diversified Real Estate Income Trust, Inc.
- Purchase price $122M for 1.28M sq ft distribution center in Marysville, OH.
- Property 100% leased to a leading marketer of lawn/garden products (NYSE-listed) through 2040 with 3% annual rent increases.
- Annual base rent ~$7.8M, triple-net lease; deposit $2M non-refundable.
- Acquisition funded with cash and new mortgage; expected close Q4 2025.
item 8.01