Xerox Sells 802,628 Square Feet of Industrial Properties in Sale-Leaseback Deal for $20 Million.

Xerox Sells 802,628 Square Feet
of Industrial Properties in Sale-Leaseback Deal for $20 Million.
April 2025 – Xerox has sold 802,628 square feet of industrial real estate in a sale-leaseback transaction, allowing the company to unlock capital while continuing to occupy 227,000 square feet of the space. The buyer, whose identity remains undisclosed, plans to renovate the remaining 575,628 square feet of the property.

In a sale-leaseback, Xerox sold its assets but entered into lease agreements, maintaining operational control of the space it continues to occupy. This move offers Xerox financial flexibility, freeing up capital for reinvestment, while the buyer stands to benefit from future renovations, potentially modernizing the properties for other tenants.

Sale-leaseback deals have become a popular strategy in the industrial sector, providing companies with liquidity without losing access to essential facilities. This trend reflects a broader shift in how companies are managing their real estate to maximize financial efficiency and operational flexibility.