Knowing when to cash in your chips and walk away is the hardest decision that anyone will have to make in their career, whether they are an entrepreneur, an investor in a business, or even a professional athlete. When it comes to businesses that own & occupy industrial real estate, the major question you face is what to do with your property(ies) after a business exit. In general, you often face one of three options: lease the property to the new business owner, sell the property, or re-tenant the property.
As with so many business decisions, there is no one right answer, and different advantages and
disadvantages for each choice. Issues like taxes, depreciation, and personal investment objectives for
you (and sometimes your siblings) will all influence which option is best.