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 associates Bridget Nave, Leigh Goucher and Carolyn Head.