[Massplanners] Municipal Building - Lease / Sale for Commercial Use

Pete Kane petek at swampscottma.gov
Wed Aug 30 13:49:34 EDT 2023


Afternoon planners,

I'm looking to see who may have experience / examples of a municipal building that was put up for sale or lease for a commercial, non-residential use. I'm specifically interested to see how your community put in securities on the use of the property such that the use would continue even if the buyer/lessee themselves failed or exited from the endeavor - such as right of reverter and/or deed restrictions.

Thanks for any info!

-----

S. Peter Kane, AICP, SHRM-CP
Assistant Town Administrator / Human Resources Director
Town of Swampscott | 22 Monument Ave, Swampscott, MA 01907

(o) +1 781.596.8810
(c) +1 781.732.0272
(e) petek at swampscottma.gov
(w) www.swampscottma.gov

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