REAL ESTATE DEAL ALERT: Mandelbaum Barrett PC Real Estate attorney Joshua Gorsky recently represented a Buyer in the purchase, and subsequent financing of, a 90,000 square foot industrial building in Danville, IL. This transaction was structured as a sale-leaseback with the in-place tenant. In this type of transaction, the seller sells an asset and leases it back from the buyer, typically for a long term; therefore, continues to be able to use the asset but no longer owns it.
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