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Home Shopping Network ShopHQ Reaches $48 Million Deal To Sell Headquarters, Warehouse

Minnesota Company Becomes Latest Retailer To Arrange Sale-Leaseback Pact

ShopHQ has executed a letter of intent with a real estate investment firm to sell three of its four buildings, including its headquarters in Eden Prairie, Minnesota, and a warehouse, in a sale-leaseback transaction. (ShopHQ)
ShopHQ has executed a letter of intent with a real estate investment firm to sell three of its four buildings, including its headquarters in Eden Prairie, Minnesota, and a warehouse, in a sale-leaseback transaction. (ShopHQ)

ShopHQ has joined the growing list of retailers that are selling and then leasing back their real estate, with the Minnesota-based home shopping network striking a $48 million deal to do just that.

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