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Funds Managed by Blue Owl Capital Complete $91.7M Sale-Leaseback Transaction with Trustmark

OWL
  • Blue Owl Capital Inc. completed the acquisition of 34 bank branch properties from Trustmark Corporation.
  • The transaction expands Blue Owl Real Assets' net lease portfolio across Mississippi, Florida, Tennessee, Alabama, & Texas.
  • Trustmark entered into long-term triple net leases for all 34 properties with an initial 15-year term.
  • Each lease includes three consecutive five-year renewal options.
  • Trustmark holds an investment grade credit rating of BBB+ from S&P.
  • Marc Zahr, Co-President of Blue Owl, stated the deal helps banks unlock real estate value while optimizing their balance sheets.
  • Duane Dewey, Trustmark's CEO, noted the transaction transforms static equity into balance sheet strength without disrupting customer experience.
  • Blue Owl reported $319 billion in assets under management as of June 30, 2026.