The lease comes first
We negotiate the new lease with the seller-tenant at the same time as the sale, so the building reaches the market with its income already in place.
Sale-Leaseback Advisory
Take your equity out of the building. Keep the business where it is.
A sale-leaseback lets an owner-operator turn industrial real estate into cash without moving. For owners of Bay Area industrial buildings of 10,000 SF and up, we structure the lease and the sale together so the buyer sees a stabilized, leased asset and the operation never stops.
$15.0MClosed sale-leaseback, San Leandro
75,414 SFSingle-tenant warehouse
100%Leased at close, NNN
147Closed transactions
How we structure it
Negotiate the lease and the sale as one transaction.
Market the income
Buyers are shown a long-time operator on a fresh lease, not a vacant building. That is the story investors underwrite.
Show the upside
Where the building covers only part of the lot, the excess yard is presented to the buyer as future upside.
Hold the terms
The terms negotiated at the start are the terms we close on, even when the market gets noisy.
Who buys
Investors and 1031 exchange buyers looking for a stabilized, leased industrial asset. We have completed 65 sales to investors.
What you decide
Lease term, rent and structure are business decisions. We give you the market facts on each, and you should review the tax and accounting treatment with your own CPA and attorney.
Proof
2300 Polvorosa Ave, San Leandro.
The owner
A three-decade owner-operator that wanted its equity out of the real estate without moving the business.
The structure
A sale-leaseback with a brand-new industrial triple-net lease on a 75,414 SF building on 3.45 acres, 23 to 26 foot clear height, in the 880 Corridor.
The result
Closed in 2021 at $15,000,000 with the operator in place, no interruption to the business, and a 100% leased asset sold to a West Coast investor.
Request a confidential conversation below. See the full 2300 Polvorosa Ave transaction or all closed transactions.