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QVC Sells Headquarters, Studio and Distribution Centers for $443 Million to Oak Street

Like Other Retailers, Home Shopping Network Plans To Lease Back Properties

QVC televises its programming from QVC Studio Park in West Chester, Pennsylvania, which was included in a sale-leaseback deal with Oak Street. (Qurate Retail)
QVC televises its programming from QVC Studio Park in West Chester, Pennsylvania, which was included in a sale-leaseback deal with Oak Street. (Qurate Retail)

Home shopping giant QVC has sold five properties, including its headquarters and main studio facility, for $443 million to Oak Street, a private equity firm that's made several similar acquisitions from retailers facing a tough economy.

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