Bob Evans sells 145 properties

Bob Evans sells 145 properties

Restaurants fetch $200 million in sale-leaseback deal

Bob Evans Farms Inc. has sold 145 restaurant properties in a sale-leaseback deal to Mesirow Financial Holdings for $200 million, the company said Monday.

The deal, which will close in Bob Evans’ fourth fiscal quarter ending April 29, 2016, is expected to yield proceeds of $165 million to $170 million.

Under the deal, Bob Evans will lease the properties and pay rent to Mesirow of about $15.4 million per year. Bob Evans will be responsible for taxes, insurance, maintenan

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