Astrum Investment Management has launched its sale lease-back buy-back (SLB3) investment model with the purchase of five industrial properties located in California, Virginia and South Carolina. With this strategy, AIM buys from corporate owner-users and then leases the property back to the previous owner for 20 years while giving the company the right to purchase the property back at the end of a five-year term at a prearranged purchase price.
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