BB&D Represents Seneca Medical in $38 Million Nationwide Sale and Leaseback of 5 Commercial Properties

BB&D attorneys represented Seneca Medical LLC, a subsidiary of national healthcare distributor Concordance Healthcare Solutions LLC, in connection with the November 1, 2016 sale and leaseback of four existing distribution and office facilities and build-to-suit financing for one new facility.  The total sale price exceeded $38 Million and each of the properties was located in a different state.  Seneca Medical, LLC entered into a long-term, triple net master lease covering all five commercial properties.  St. Louis member Rob Brandt led the effort, together with member Kevin Fleming, and associate Bridget Nave.