Your Sources for Investment Real Estate
Alexandria - Burke, VA – Two offices for a major real estate settlement company, located in Old Town Alexandria and Burke, VA will be offered for sale by its owner and concurrently leased-back from the new owner in what industry insiders call a “sale-leaseback”
Jeff Bogart of Calkain Companies, will coordinate the sale-leaseback. “The sale-leaseback structure is mutually beneficial to both the buyer and seller,” Bogart stated. “The monetization of the real estate is a financial tool that building owners are likely to consider since they are not receiving immediate income from their asset during their occupancy. In this particular case, selling a non-income producing asset will allow the current tenant/owner to reinvest proceeds into core business areas of expansion and gain additional market share.” Bogart added.
Sale-leaseback transactions are most common in single tenant buildings, such as banks, medical offices, drug stores, industrial distribution facilities, office buildings and restaurants.
Calkain is a privately held, full service real estate brokerage firm with a national scope focusing on single and multi tenant retail, industrial and office net leased transactions. Calkain has offices in Reston, VA (Washington, DC), Tampa, FL, and McHenry, MD. Additional information about the firm and its listings may be found at www.calkain.com.
Photo:
http://www.prlog.org/
