Last month’s “Industrial Insight” touched briefly on the idea that a Sale Lease-back can be a good strategy for owner’s to consider in today’s market. This is the strategy where the existing owner/occupant sells their property to an independent third party. Then, the parties structure a lease, whereby the seller will become the tenant and the buyer will become the landlord, allowing the seller to remain in the same building. It has been utilized by real estate buyers and sellers for many years, and it has advantages for both parties. Here we will explore both sides.
In this month’s Industrial Insight, we highlight a recent transaction that we facilitated so that you can see if you may also benefit from this type of opportunity, either as a Seller or as a Buyer, We will look at this strategy from three different perspectives:
1. Seller’s Perspective
2. Business’s Perspective
3. Buyer’s Perspective
Christopher J. Destino, SIOR, a Principal at Lee & Associates, is an engaging, responsive professional who enjoys working closely with his clients and helping them succeed.