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Jahn S. Brodwin, senior managing director at FTI Consulting Jahn S. Brodwin, senior managing director at FTI Consulting

NEW YORK CITYWarnerMedia created big buzz in early January with the news of its proposed sale-leaseback of its tower at New York City’s Hudson Yards, which is still under construction. It was reported that the company hopes to raise approximately $2 billion from the sale of the 1.4 million-square-foot space it has taken there (and will not occupy until the summer). The company completed a similar transaction in 2014 as Time Warner, Inc., when it sold its interest in its Time Warner Center headquarters to a real estate investor and leased it back until it is ready to move this year to Hudson Yards.

There were several other high-profile transactions that drew attention to the strategy, such as Brinker International’s transaction to sell and lease back 141 of its Chili’s restaurants for aggregate consideration of $455.7 million. Whether in the office, industrial, retail, or hospitality sectors, sale-leasebacks remain attractive to sellers and buyers alike in today’s current environment, for several reasons:

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