Tampa Commercial Real Estate | Florida Commercial Property

An affiliate of investment firm W.P. Carey & Co. paid $57.2 million for two buildings in the Westshore area that are leased by JPMorgan Chase Bank N.A.

Carey affiliate Corporate Property Associates 17-Global Inc. disclosed the purchase price in a filing with the Securities and Exchange Commission Tuesday, one day after Carey published a release about the purchase. (…..Full Story on Loopnet)

We reported on the original building sale in the Westshore SubMarket of Tampa earlier this year.

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Discussion on Sale-Leaseback

More and more savvy real estate investors are turning to sale-leasebacks. A sale-leaseback is when a business sells its commercial real estate property to an investor with prearrangement to lease the property back long-term from the new owner/investor. The business receives the market value of the property and gains liquidity, while the investor earns a return on his investment from a credit worthy tenant with a track record and commitment to the property.

This audio intends to provide some guidance on what a Sale Leaseback is, why it may be important to consider and if your business or practice is a candidate.

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or email by clicking HERE!