SFC Spirit Fin Corp

Spirit Finance Corporation (NYSE:SFC), a real estate investment trust focused on single tenant, operationally essential real estate, announced that it completed a $52.7 million sale/leaseback transaction with Main Event Entertainment, LP, a privately held Dallas-based company specializing in family entertainment centers. With this transaction, Spirit takes ownership of 6 properties located in Texas. Jeffrey M. Fleischer, Senior Vice President of Spirit Finance stated, "Main Event is a perfect example of the value of net lease financing for proven retailers and service companies. The principals of Main Event have a fully developed entertainment concept that revolves around bowling, billiards, laser tag, video games, meeting/party rooms, food service and full service bars. The safe, clean, smoke-free environment appeals to individuals, families and corporate outings alike. We are pleased to have commenced a strategic real estate financing partnership with the principals of Main Event, who have proven operations expertise and have taken a disciplined approach to growth." David A. Smith and Neil Hupfauer, co-founders and principals of Main Event Entertainment, stated, "We ran a thorough process to select a sale/leaseback provider who would assist us with our goals of speed and certainly of execution, competitive pricing, and flexible documentation. We selected Spirit Finance based on our belief that they would deliver on each of these points, and we're very pleased with the outcome. We look forward to a long-term relationship with Spirit as we continue to execute our business plan." About Spirit Finance Corporation Spirit Finance Corporation provides customized, flexible sale/leaseback financing solutions for single tenant, operationally essential real estate assets that are vital to the operations of retail, service and distribution companies. The Company's core markets include free-standing automotive, drugstores, educational facilities, movie theaters, restaurants, supermarkets, and other retail, distribution and service businesses. Additional information about Spirit Finance Corporation is available on the Company's website at www.spiritfinance.com.