Case Study: American Fast Freight achieves $46.5M sale-leaseback value with Lee & Associates

American Fast Freight saves nearly $1 million and gains $20 million in value with Lee & Associates

Lee & Associates represented American Fast Freight, Inc. (AFF), a transportation and logistics company, after its parent company acquired a mission-critical industrial facility. The challenge was that the parent company, Odyssey Logistics, did not want to own real estate and was considering selling the property vacant, a move that would have required a difficult relocation and left significant value unrealized based on initial low valuations from other firms.

The solution implemented by Lee & Associates was a sale-leaseback transaction. By marketing the property to institutional investors and structuring a marketable lease, the Lee & Associates team created a highly competitive bidding process. This approach resulted in a sale price of $46.5 million, which was over $20 million more than the highest initial valuation, and saved the client nearly $1 million in taxes by closing the deal under a tight deadline.

American Fast Freight, Inc. (aff)