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The $65 million sale included a 15-year leaseback from the Kuehners, who bought the remainder of the Hewitt site for $13 million.
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Within the next few days, Chambers' attorneys prepared a leaseback agreement from the trustee to CTR, so that CTR could remain in possession of the properties and continue to operate the station.
The company also has a contract to provide back-up fire crew during strikes and was hoping to buy and leaseback fire engines from fire authorities all over the country.
In March, the group posted £45m pretax profits on turnover of £900m for 2000, including savings of £8m from disposals and property leaseback deals.
AMR also received $1.6 billion in sale-leaseback financing commitments from GE Capital Aviation for Boeing planes AMR had ordered.
Facebook is considering a leaseback of the property, which would save the company from doling out hundreds of millions of dollars in cash right now (although it can afford to).
NEW YORK TIMES Saab's Property Deal Is Approved | Saab got the stamp of approval from the European Investment Bank for its planned $40 million sale and leaseback of its property assets.
A leaseback was negotiated for 132,000 square feet on the top two floors, to which I. P. will move its headquarters from Purchase, N.Y., in April of this year.
It seeks a 10-year leaseback.
The leaseback continues to enjoy the support of the governor.
Geography and commonsense dictated a peaceful solution: leaseback.
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