Quote Originally Posted by R8RBOB View Post
Some bean-counter in Pontiac is pulling his hair out this morning. The former K-Mart Headquarters which sit on 40 acres of land sold for 17.5 million yet the Pontiac Silverdome which included 127 acres of land was sold for $583,000. Now I know the Silverdome sale was done via auction but someone feelings got to be hurting knowing that an empty building in Troy with less acres can go for nearly 17 million dollars more.
1. Location, location, location. Bloomfield Hills will go to the Somerset area. They do not necessarily want to go to Pontiac.

2. The K-Mart building is less of a White Elephant than the Silver Dome. If you have to let it sit for a while till the economy turns around, the K-Mart building needs one hell of a lot less upkeep.