Selling your business and retaining real estate

From single-purpose LLCs to triple-net leases, key legal steps help owners who keep property

Thain Simon
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Thain Simon is an attorney at Foster Garvey who focuses on assisting clients with transactional real estate and business matters, including the purchase and sale, financing, leasing, and development of commercial real estate projects. He can be reached at [email protected].
 | Foster Garvey

For many business owners, owning the property where they conduct business provides operational stability for the business and financial diversification and tax benefits for the owner. When it comes time to sell the business, a prospective buyer may want to purchase that real estate along with the business itself.

Special Report Real Estate & Construction Banking & Finance
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