An arrangement where a company uses its own capital to develop a project and then sells the completed project to a developer who then executes a lease with the same company is called a:

• A. Sale-leaseback
• B. Ground lease
• C. Joint venture
• D. Build-to-suit

Answer: (A)

Sale-leaseback. In this setup, a company sells a property it owns and then leases it back from the buyer to continue using it. The described scenario matches this: the company uses its own capital to develop the project, then sells the completed project to a developer who leases it back to the company for ongoing use. This arrangement monetizes the asset while preserving occupancy and operations. Build-to-suit would involve a developer building to the tenant’s specs before leasing; ground lease involves leasing land (not the whole building) to a developer; a joint venture is shared ownership.