As the local industrial real estate market continues to march along in what feels like zero percent vacancy, it’s actually 1.5% to 3.0% depending on which report you read and to what size range that report is geared, we are beginning to see a trend among owner-occupied buildings. Something we haven’t seen since mid-2000s, can anyone guess?
Sale-leasebacks.
If you have owned a building for 15 years, or have purchased in the last 5 years, you likely have a substantial amount of equity in your building. A tool to access that equity, short of selling the building and moving to another location – which can be costly and time consuming – is a sale-leaseback.
An original post on MidCountiesIndustrial.com on September 28, 2016 written by Lee & Associates’ Joel Hutak & Phillip DeRousse in Tips
