Tandy Leather Factory Announces Agreement to Sell Headquarters Facilities - Tandy Leather Factory (NASDAQ:TLF)

Tandy Leather Factory announces agreement to sell headquarters facilities (TLF:NASDAQ)

Tandy Leather Factory sells corporate headquarters for $26.5M, to lease back until 2025.

Tandy Leather Factory Announces Agreement to Sell Headquarters Facilities - Tandy Leather Factory (NASDAQ:TLF)

FORT WORTH, Texas, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Tandy Leather Factory, Inc. ((the "Company", NASDAQ:TLF) today announced that it had signed a Purchase and Sale Agreement to sell its corporate headquarters facilities, including its primary distribution center and flagship retail store, to Colonna Brothers, Inc. The sale price for the facilities, before taxes and expenses, will be $26.5 million, and the transaction is expected to close in J…

#In a strategic move signaling both evolution and adaptation, Tandy Leather Factory, Inc. (Nasdaq TLF) annou...

'Tandy Leather Factory Announces Major Transition: Sale of Headquarters and Future Relocation Plans' In a strategic move signaling both evolution and adaptation, Tandy Leather Factory, Inc. (Nasdaq: TLF) announced today its agreement to divest its corporate headquarters facilities located in Fort Worth, Texas. The transaction, valued at $26.5 million, has been negotiated with Colonna Brothers, Inc., a firm recognized for its investments in comme…

Tandy Leather Factory Strikes $26.5M Deal to Sell Fort Worth Headquarters, Plans Shareholder Dividend

Leather retailer signs agreement to sell Texas HQ and distribution center, securing $26.5M while planning strategic relocation and shareholder dividend distribution.