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$324M Cabela’s Sale-leaseback Completed Via Digital Platform
A Sansome Pacific joint venture acquired a portfolio of 11 Cabela’s locations for $324.3 million in sale-leaseback transaction that is reportedly the largest completed on a digital platform. Bass Pro Shops sold the locations in a deal handled by New York-based B+E that spans 25 years.
B+E’s Camille Renshaw says, “Leveraging the largest dataset in net lease real estate, B+E delivered multiple, qualified buyers for Cabela’s to choose from. We are very excited to have closed what we believe is the largest commercial real estate sale ever brokered by a digital platform.”
The deal encompasses more than 1.6 million square feet of space, as well as an additional 277 acres of land.
By using artificial intelligence, B+E’s senior people track the most active buyers in the real-time, net lease market. The algorithm evaluates a buyer’s past purchases, as well as current acquisition criteria and dollars raised that must be allocated within a given year.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition
- ◦Lease

