The ownership in the operating business does not change; the original owner sells the property and at the same time, signs a lease agreement with the new property owner. The proceeds of the property sale are then available for the business owner to use in their core business.
This approach allows you to monetize the value of your property and redeploy it where needed, while maintaining ownership of the operating business.
Like all major financial and legal transactions, these strategies should be reviewed with tax and legal experts, as well as real estate advisors, to ensure your best interests are being served.
President, Brokerage Services Canada
Scott Addison is the President of Brokerage Services at Colliers Canada, Canada’s leading commercial real estate services firm. Scott has been working in commercial real estate for more than 30 years and is passionate about industry leadership and maximizing potential for Colliers people and its clients. Since joining Colliers Management Team, Scott has gone on to create a distinct culture of leadership, collaboration and superior client service.
Appointed to the position of President of Brokerage Services in October 2015, Scott has been instrumental in driving both organic and strategic growth of the brokerage business in Canada. Scott oversees 28 offices across the country, motivating teams to accelerate success and be leaders in Canada's real estate services industry. Committed to providing value-enhancing strategies and solutions, Scott champions Colliers’ robust CRM platform and data solutions to deliver timely market intelligence to clients.
Head of Valuations & Advisory Services | Canada
As Head of Valuation & Advisory Services for Colliers Canada, Scott focuses on continually increasing revenue by identifying prime opportunities and establishing strategic relationships, as well as maximizing technology and Colliers International's exceptional platform to create greater efficiencies and market share for the team. He advocates for clients, helping them prove the value of their assets, and for the Valuation & Advisory Services team, empowering them to leverage Colliers’ brand, resources and scope to become the industry’s best.
Scott is a passionate communicator and strategist who is always willing to try something new and looking for ways to do things better.