Buying half of a industrial property?
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[{"id": "fhqxizs", "text": "Is the owner\u2019s 30,000 SF area separate from your client\u2019s area?  \n\nDoes your owner\u2019s area and your client\u2019s area share entrances, lobbies, or other common areas?", "replies": [{"id": "fhr13rm", "text": "Is it condo / strata titled?", "replies": [], "depth": 2}], "depth": 1}, {"id": "fhr1ro2", "text": "If it doesn\u2019t have multiple parcel numbers or is platted as separate parcels then I\u2019m not sure how you sell half a building", "replies": [{"id": "fhskxfi", "text": "You can partition it. Would require a survey and only be possible dep6on how the building is laid out.", "replies": [], "depth": 2}], "depth": 1}, {"id": "fhr2ty8", "text": "Unless you condo the building into pieces, which adds ongoing costs and legal headache, you\u2019ll have to buy half his property entity (which may be a legacy entity with historic legal issues) OR have him drop the property into two TICs and sell one TIC to you.", "replies": [], "depth": 1}, {"id": "fhr38jw", "text": "50/50 is a bad idea.  Buy 51 or 49%.  If you\u2019re both unhappy with 49% then you just saved yourself a lot of headache.", "replies": [{"id": "fhr6sm0", "text": "My client would probably be purchasing 60-70% of the property if this guy allows it.", "replies": [], "depth": 2}], "depth": 1}]