Yep, that price was crazy, maybe location, location, location... What if it had been in the CBD???
I think it shows the weakness in the area. Maybe the area is a number of years away.
When it comes to what 12M will buy: Ilitches pay 10M for a scoreboard at Comerica.
As far as the buyer, maybe if Gilbert would have bought it, he'd spend big bucks to build up the area to enhance his purchase.
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June-24-15, 03:18 PM #1
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Last edited by emu steve; June-24-15 at 03:21 PM.
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