Downtown Dealership For Sale Makes the Paper

I believe this has been available since last fall but clearly they’re pushing it. I tend to disagree with the valuation as the location is more peripheral and they’re billing it as central:

https://www.timesfreepress.com/news/business/aroundregion/story/2019/feb/06/downtown-dealership-tract-market-585-million4/488184/

I suspect this will be on the market for a while until one of the larger developers comes up with a good use for hte location. Given the multifamily market I would not expect to see it build on this property for a number of years.