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Worked for a company once who boasted surviving the hard times of the dot com bubble by selling their headquarters and renting it back until things got better.
by ThePadawan 4y ago
Worked for a company once who boasted surviving the hard times of the dot com bubble by selling their headquarters and renting it back until things got better.
Has this happened yet or are owners still holding onto their real estate for own use?
- diebeforei485 4y agoThere are no buyers. Nobody wants San Francisco office space.
- ThePadawan 4y agoThe point isn't that a buyer wants office space, the buyer wants an investment that goes up in value. That's the core issue, right?
- swearwolf 4y agoIt’s very unusual for companies to own the buildings they have offices in, so this strategy would be non-applicable in most cases.
- fosk 4y agoZynga did this a few years ago.