Sale/Leaseback

“Companies seeking to free up capital and investors looking for stable sources of income to support commercial acquisitions have unleashed a wave of sale-leaseback deals in an indication that real estate remains a flexible industry adapting to shifting markets.” *

Buckingham Properties has been a long-time proponent of the Sale/Leaseback concept and is respected as a Rochester area market leader. We have completed win-win sale and leaseback transactions with Bausch & Lomb, Eastman Kodak, Gleason Works, Schlegel Manufacturing, Rochester General Hospital and several other organizations.

A sale and leaseback project allows an organization to focus on its core competencies by freeing capital resources and operating resources dedicated to real estate management. In a typical sale-leaseback deal, the tenant sells the building to a real estate investment group or a real estate developer and agrees to lease back the building under a long-term agreement.

For an article written by Buckingham Properties’ CEO Larry Glazer on Leasing vs. Owning, please click here.

*Adapted from a March 2008 article by David Jones originating on The Real Deal Web site. To read the entire article click here.