Corecivic completes sale of three non-core assets for $326 million

Brentwood, tenn., june 29, 2021 (globe newswire) -- corecivic, inc. (nyse: cxw) (the company) announced today that it has consummated the sale of 100% of the membership interests of ssa baltimore holdings, llc, a wholly-owned unrestricted subsidiary of the company and the owner of the approximately 541,000 square-foot social security administration office building in baltimore, maryland ("ssa-baltimore"). earlier in the second quarter of 2021, the company completed the sale of two additional properties, its approximately 277,000 square-foot office property ("capital commerce center") and its approximately 217,000 square-foot warehouse property ("nara property") in a single transaction. these three properties were sold for an aggregate sales price of $326.0 million. the company had purchased all three properties in 2018 in separate transactions for an aggregate gross purchase price of $293.6 million.
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