For a lot of companies, it's a fast track to becoming a real estate holding company that happens to have an operating business attached to it. You want to focus

For a lot of companies, it's a fast track to becoming a real estate holding company that happens to have an operating business attached to it. You want to focus your business operations on the kind of business you want to be - it's why it's very dangerous for a SaaS business to have a couple really big customers that get whatever features they want written. You wind up as a consulting shop, not a SaaS business. Target is a good example of this. It's a $32B company that owns $24B of real estate.