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In my very limited exposer, companies often don't buy buildings because they can't. Somebody else owns the building and is only interested in renting it out.
by lesuorac 4y ago
In my very limited exposer, companies often don't buy buildings because they can't.
Somebody else owns the building and is only interested in renting it out.
- seti0Cha 4y agoWhat is your exposure then? I don't think I've ever worked at a place that had any interesting in owning the office building they were located in. Usually, they are only interested in part of a building, and they don't want the bother of renting out the rest. In fact, as I said elsewhere in this thread, I worked at a place that built and sold a building, then leased it back, because they specifically did not want to own the real estate. They preferred to have a building management company take on the risk, taxes, and mortgage burden and were willing to pay a bit more in order to have that outcome.