EDC Sells Headquarters for $32.2 Million to Eliminate Debt
Educational Development Corporation (EDC) has sold its headquarters and distribution warehouse in Tulsa, Oklahoma, to 10Mark 10K Industrial, LLC for $32.2 million. The sale proceeds were used to fully repay outstanding bank debt, and EDC has entered into a triple-net lease to continue occupying part of the property. Additionally, EDC retained a 17-acre adjacent land parcel valued at $2 million.
Educational Development Corporation (EDC) has completed the sale of its headquarters and distribution warehouse in Tulsa, Oklahoma, to 10Mark 10K Industrial, LLC for $32.2 million. The company used the proceeds to fully repay its outstanding bank debt and entered into a triple-net lease to continue occupying part of the property. EDC also retained a 17-acre adjacent land parcel valued at $2 million. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EDC - Educational Development Corporation published the original content used to generate this news brief via Newsfile (Ref. ID: 272293) on October 28, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
