Business and Real Estate Sale in the Raleigh, NC Market

Hinge announced today the sale of an operating business and the related real estate in the Raleigh, NC market.  This school was part of a franchise organization and was new and quickly growing in the dynamic market.  The Franchisor made the decision to focus on other markets and selected Hinge as his representative to locate a successor company and provide an acquirer for the real estate.  The team at Hinge brought several potential buyers for his consideration and the eventual buyer was one of the nation’s largest education groups, who intends to continue to expand their footprint in the market.  Hinge was able to partner a national real estate investment trust to purchase the real estate and enter into a lease relationship with the business acquirer.