Lease versus Buy?
In the Deal of the Week column in the July 21, 2010, Wall Street Journal., Maura Webber Sandovi discusses the impending purchase of an office building in Falls Church, VA by Northrop Grumman Corporation for its new headquarters relocating from southern California. The underlying message was that by purchasing the building rather than leasing, Northrop was motivated by coming changes in accounting rules which will require leases to be shown on balance sheets as liabilities instead of expenses. Businesses will look for shorter-term leases to protect their borrowing capacity which will in turn impact landlords’ ability to obtain financing.
| Print article | This entry was posted by naiknoxville on August 11, 2010 at 6:24 pm, and is filed under In the News, Market Trends. Follow any responses to this post through RSS 2.0. Responses are currently closed, but you can trackback from your own site. |
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