Peakstone & Harrington Brown Advise Vidya Holdings on Real Estate Acquisition

Real Estate Advisor

March, 2022. Vidya Holdings, a family of companies focused on premium quality packaging, printing, and converting to middle market firms desiring quality, creativity and speed to market, announced that it has completed the 1031 tax deferred exchange acquisition of a 73,000 square foot retail property. Peakstone and Harrington Brown advised Vidya on the transaction. David Brown, Peakstone Managing Director and President of Harrington Brown led the engagement.Peakstone previously advised the principals of Vidya on the sale of their portfolio company – Flexo Converters – along with its two manufacturing facilities. Peakstone advised Flexo Converters to sell its real estate assets separately and create the opportunity for a 1031 tax deferred exchange. Peakstone developed a strategy to maximize after tax proceeds and reinvest into a new property providing current income, growth and the ability to continue assessing future real estate acquisitions.According to Brown, “Under a tight timeframe, Peakstone and Harrington Brown worked with Vidya to develop investment criteria and searched opportunities nationwide through our network. We analyzed several multifamily, industrial and retail property investment opportunities and advised Vidya on the acquisition of a 73,000 square foot retail property in Skokie, IL that is 100% leased to Floor & Décor.”Terms of the transaction were not disclosed.

For additional information please contact:David Brown, Managing Director, 312-543-6782,

Stephen Sleigh, Managing Partner, 312-346-7318,

About Peakstone

Peakstone is a leading investment bank that specializes in mergers and acquisitions, advisory, and capital raising for middle market clients. Our team is comprised of senior investment banking professionals who have decades of experience and have executed hundreds of transactions totaling billions of dollars. For additional information, visit To receive investment and proprietary acquisition opportunities, please register at Harrington Brown LLCHarrington Brown, LLC is a boutique real estate investment, development and advisory firm founded by David Brown in 2009. David has 36 years of experience generating property value through asset management, development, redevelopment and leasing, as well as creatively positioning assets for sale. He combines his extensive institutional real estate knowledge, experience and relationships with a passion for community building and responsible land use. For more information, please visit Vidya Brands GroupVidya Brands Group is a family of companies focused on premium quality folding cartons, packaging, printing and converting to middle market firms desiring quality, creativity and speed to market. The Patel family sold Flexo Converters, a manufacturer and distributor of stock, custom and recycled paper bags and sacks, to Novolex, a Carlyle portfolio company, in July 2021 and created Vidya Holdings to invest further in the packaging industry. For more information, please visit