AT&T nets $850M from sale-leaseback of massive portfolio
Reign Capital is taking ownership of dozens of facilities that house equipment for the telecommunications company’s outdated copper network.
AT&T Secures $850M In 13M SF Sale-Leaseback With Reign Capital
The telecommunications giant sold 74 outdated properties while retaining control over any redevelopment plans.
AT&T signs $850m sale-leaseback deal for 74 copper network Central Offices
AT&T has completed a sale-leaseback of underutilized central office facilities with private real estate development firm Reign Capital. The deal, which generated more than $850m i
AT&T Nets $850 Million In Sale-Leaseback Deal As Part Of Copper Network Exit
The AT&T deal aligns with the Dallas-based company's strategy to exit most legacy copper network operations by 2029.
AT&T Gains $850M in Cash From Sale-Leaseback Deal for 74 Properties
AT&T said it cut a sale-leaseback deal with private developer Reign Capital, generating $850 million in cash for 74 of the telecommunications giant's underused properties across the U.S.
AT&T secures $850 million from sale-leaseback of real estate to Reign Capital
AT&T said on Friday it has secured $850 million through the sale-leaseback of its underused central office facilities that house its legacy copper networks to real estate development firm Reign Capital.
AT&T secures $850 million in real estate deal
DALLAS - AT&T Inc. (NYSE:T) has completed a significant real estate transaction, transferring 74 of its underutilized properties to Reign Capital, a private development firm. The deal, which closed on January 8,
AT&T Announces Structured Sale-Leaseback of Real Estate to Development Firm Reign Capital
Pioneering transaction monetizes properties with development potential, reduces operating expenses, and provides revenue ...
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Dallas-Based AT&T Sells 74 ‘Stranded’ Office Properties Across U.S. for Over $850M
Dallas-based telecom giant AT&T said it has secured $850 million from its sale-leaseback of 74 underused central office ...
AT&T completes structured sale-leaseback of central office facilities
AT&T completed a structured sale-leaseback of underutilized central office facilities with private real estate development firm Reign ...
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This Week's D.C. Deal Sheet: AT&T Sells Downtown Office For $112M
AT&T sold a Metro Center office building to a private equity firm from New York to which it has a history of selling properties. Reign Capital purchased the property at 725 13th St. NW for $112M ...
AT&T strikes $850 million property deal with Reign Capital
AT&T (NYSE:T) on Friday announced a sale-leaseback agreement with Reign Capital, a private developer. The deal, which ...
AT&T Realizes More Than $850 Mln In Upfront Cash Proceeds From Asset Transfer Of 74 Properties
AT&T (T) completed a structured sale-leaseback of underutilized central office facilities with private real estate development firm ...