I worked at a larger company and I heard they sold their property and leased it back from them. I was told it was a liquidity thing. I imagine it lets you foc

I worked at a larger company and I heard they sold their property and leased it back from them. I was told it was a liquidity thing. I imagine it lets you focus on your company and lets you be more flexible if you do need to upgrade or downgrade. When they lease a space, it's a contract, so they could put in favorable language for renewing the lease. Guinness brewery famously has a 9,000 year lease paying only £45 annually.