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It spreads itself thin in that it owns some 900 properties across the country leased to single tenants in more than 30 industries, but this plays into the defensive strengths of the sale-leaseback strategy.
One of Disque Deane's more prestigious accomplishments was his revolutionary approach to sale-leaseback transactions.
The sale-leasebacks were "part of a strategy to get out of the real estate business, which is not a core business or interest of our company," said an AT&T spokesman, Fletcher Cook.
All three benefit by focusing on a strategy called sale-leaseback.
It seeks a 10-year leaseback.
The leaseback continues to enjoy the support of the governor.
As with Arizona's leaseback, the California auction has become a political football.
Some investors in French property buy into sale and leaseback schemes.
The bill's title, "State property: Orange County Fair: inventory; leases; sale and leaseback" gave little hint of its import.
He was a pioneer in the sale and leaseback transactions and mortgage banking with his partner Sidney M. Barton of New York.
Overall, the sale and leaseback is expected to have a minimal impact on profits.
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