In it to win it
- Sep 13, 2007
- Reaction score
Yes it's a pretty aggressive deal when you purchase that building.. It wouldn't make sense for a lot of people, but could make sense for a large corporation or dealership.. From my knowledge though that land isn't going to be for sale anytime soon. It's pretty much a forever accruing money maker for their family so they won't sell.A friend of mine mother owns the land. The original deal was a 20 year lease on the land when the investment company built the building for Hastings. When Hasting went out the company has continued to pay the rent on the land. If they where to miss payment then the building would revert back to her.
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