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Educational Development Corporation Completes Headquarters Sale and Leaseback

Oct 28, 2025•8 months ago

Contract Type

sale_leaseback

EducationE Learningoil & energy

Description

On October 27, 2025, Educational Development Corporation completed the sale and leaseback of its headquarters and distribution warehouse to 10Mark 10K Industrial, LLC. The sale price of the Hilti Complex was $32,200,000, with proceeds used to settle existing loans. EDC assigned third-party tenant leases to the Buyer and executed a 10-year Triple-Net Lease for its occupied space.

Company Information

Company

Educational Development Corporation

About

Educational Development Corporation (EDC) is a company based in Tulsa, Oklahoma. It specializes in educational materials and distribution. EDC is committed to providing quality resources for learning. The company operates in a way that supports educational advancement.

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