Brand New 2024 Construction with 20-Year Lease
– Big Blue Marble Academy signed a brand new, 20-year lease that doesn’t expire until 2044.
– The lease includes 2.00% annual rent increases to hedge inflation and two, five-year tenant option periods.
– Aside from structure and foundation, the tenant is responsible for all maintenance as well as real estate taxes, insurance, common areas, utilities, etc making this a prime opportunity for out-of-state investors.
Top 15 Operator in the Country (83+ Locations)
– Big Blue Marble Academy is one of Top 15 Corporate childcare companies in the country.
– Big Blue Marble Academy currently operates over 83 locations across eight states.
– 13th largest childcare brand by number of locations with $95 million in 2023 reported annual revenue.
Big Blue Marble Academy Acquired by Leeds Equity Partners
– Leeds Equity is a New York-based private equity firm dedicated exclusively to partnering with management teams in the education, training, and information services industries (the “Knowledge Industries”).
– The firm was founded in 1993 and currently manages approximately $5 billion of capital across a broad spectrum of companies within the Knowledge Industries.
– Leeds Equity seeks to leverage its sector-focused expertise and market insights to create long-term value for its partner companies and investors.
Columbia MSA – 2nd Largest MSA in South Carolina
– With more than 800,000 residents across six counties, the greater metropolitan region (commonly referred to as the Midlands) has the second largest population in South Carolina.
– Major employers in the health care, government and education sectors include Palmetto Health, Blue Cross Blue Shield and the University of South Carolina.
– South Carolina was the fastest growing state in 2023 and 10th fastest in 2024 by US Census.
