The Fini Real Estate Group has facilitated the sale of 12 net-leased restaurant properties in Northern New England. The restaurants are all occupied by Pizza Huts on long-term leases and located in primary retail corridors within the communities they serve. Tom Fini coordinated the New Hampshire properties and Frank O'Connor of the NAI Dunham Group administrated the 4 Maine properties that were part of the portfolio.
STORE Capital, Scottsdale, Arizona and Martin Management Associates, Manchester, N.H. were the buyers. Both are investors of net-leased investment properties.
STORE Capital is a leader in middle market net-lease solutions. STORE's mission is to address the long-term capital needs of real estate intensive operating businesses throughout the United States, providing tailored real estate lease and mortgage financing solutions.
Martin's Management Associates, LLC is a privately held New Hampshire based company that invests in net leased, credit tenant occupied properties throughout northern New England.
The aggregate sale of the properties was $12.161 million.