Star Equity unit sells Texas property in sale-leaseback for $1.1 million

Reuters03-31

<a href="https://laohu8.com/S/STRRP">Star Equity</a> unit sells Texas property in sale-leaseback for $1.1 million

Star Equity unit Alliance Drilling Tools closed two sale-leaseback transactions for properties in Midland, Texas and Vernal, Utah on March 27, 2026.
Texas site sold for USD 1.1 million.
Alliance Drilling Tools leased back both properties under single-tenant triple-net leases running 20 years from March 27, 2026.
Star Equity guaranteed lease obligations.

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. Star Equity Holdings Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001210708-26-000047), on March 30, 2026, and is solely responsible for the information contained therein.

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