PetMeds enters $37 million sale-leaseback deal for Delray Beach headquarters, distribution center

Reuters2026/07/23 12:07

By:Reuters

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PetMed Express entered a definitive agreement to sell and lease back its headquarters and distribution center in Delray Beach, Florida for USD 37 million.
Deal remains subject to due diligence and customary closing conditions, including lease terms for the office and Florida distribution center space.
Closing targeted within 120 days, providing added financial flexibility while maintaining occupancy of the facilities.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PetMed Express Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202607230800PRIMZONEFULLFEED9766836) on July 23, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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PetMeds enters $37 million sale-leaseback deal for Delray Beach headquarters, distribution center

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