Newmark Advises Scholastic on $386 Million Sale-Leaseback of New York City Headquarters [Yahoo! Finance]
Scholastic Corporation (SCHL)
Last scholastic corporation earnings: 3/19 04:01 pm
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US:NASDAQ Investor Relations:
investor.scholastic.com
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Source: Yahoo! Finance
to global corporations, institutional investors, and owners and occupiers, announces the Company served as exclusive real estate advisor to Scholastic Corporation (Nasdaq: SCHL) on the $386 million sale-leaseback of its New York City headquarters located at 555–557 Broadway. Newmark Co-Head of Capital Markets Adam Spies , Executive Vice Chairman Joshua King and Executive Managing Director Avery Silverstein represented Scholastic in the transaction, with support from Executive Vice Chairmen Adam Doneger and Marcella Fasulo Under the terms of the transaction, Scholastic sold the property to a subsidiary of Empire State Realty Trust, Inc. (NYSE: ESRT) and entered into a long-term lease to continue operations at the location, while reducing its overall footprint. The transaction is expected to generate significant net proceeds for Scholastic. The sale-leaseback features a 15-year lease with extension options. Empire State Realty Trust will assume responsibility for ongoing property ma
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News
- Scholastic Corp (SCHL) Q2 2026 Earnings Call Highlights: Strong Growth in Key Segments and ... [Yahoo! Finance]Yahoo! Finance
- Scholastic Reports Fiscal 2026 Second Quarter Results [Yahoo! Finance]Yahoo! Finance
- Scholastic GAAP EPS of $2.17 beats by $0.11, revenue of $551.1M misses by $5.62M [Seeking Alpha]Seeking Alpha
- Scholastic Reports Fiscal 2026 Second Quarter ResultsPR Newswire
- Scholastic Closes Highly Accretive Sale-Leaseback Transactions for New York City Headquarters and Jefferson City Distribution CenterPR Newswire
SCHL
Earnings
- 12/18/25 - Beat
SCHL
Sec Filings
- 12/19/25 - Form 10-Q
- 12/18/25 - Form 8-K
- 12/18/25 - Form 8-K
- SCHL's page on the SEC website