> Does anywhere else do this whole “99 year lease in lieu of actual ownership” thing?

My office almost did something like this in Charlotte. A developer offered my company millions of dollars for the land and building my office is in. They included that they would cover the cost of relocating our office to a new place as they tore down the existing office and rebuilt. And then after the new building is open, my company would have a 99 year lease on the first 3 floors for $1, same number of floors we currently have.