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Furniture Chain Latest to Sell, Lease Back Properties to Raise Cash in Pandemic

Havertys Raises $70 Million From Deals in Florida, Texas and Virginia
Haverty Furniture Cos. sold and leased back three properties, including 1720 Port Walthall Drive in Colonial Heights, Virginia. (CoStar)
Haverty Furniture Cos. sold and leased back three properties, including 1720 Port Walthall Drive in Colonial Heights, Virginia. (CoStar)
CoStar News
May 26, 2020 | 7:18 P.M.

Add Havertys, the 135-year-old furniture chain based in Atlanta, to the list of companies selling and leasing back real estate to raise cash during the coronavirus pandemic.

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