Friendly sells 160 units in sales-leaseback deal

WILBRAHAM Mass. Friendly Ice Cream Corp., parent of the Friendly’s family-restaurant chain, has sold and leased back its headquarters and 160 restaurants in a deal with Realty Income Corp., according to a local news report.

The aggregate price was not disclosed, but the campus-style headquarters here reportedly fetched $27.5 million. The Republican, a newspaper in Springfield, Mass., said 11 deals in western Massachusetts fetched more than $12 million for the

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