JuicePlus+ Global Headquarters

The headquarters of Juice Plus+ is a Class A office building located in Collierville, TN. The two-story building totals 59,602 square feet of rentable area on 8.53 acres with an above-average parking ratio of 8.4/1,000 SF. Juice Plus+ has owned their build-to-suit headquarters since 2005 and occupies the entire building. The property is a high-quality asset in one of the most desirable suburbs in the Memphis metro area, which positions it well for long-term tenant demand. Juice Plus+ is a credit-rated leading provider of nutrition products in 26 countries with more than 200,000 distribution representatives and annual sales of more than $400,000,000. Juice Plus+ was acquired by Altamont Capital Partners in 2018. Altamont Capital Partners is a private equity firm with over $4 billion of capital under management, focused primarily on making long-term, control investments in middle-market businesses. The property was acquired via a sale leaseback with JuicePlus+ and is 100% leased to Juice Plus+ with a remaining lease term of 20 years. The long-term nature of the lease allows Sentinel maximum flexibility to collect strong in-place income and dispose of the asset at an opportune time in the future.