In my first month in town I put an offer on this building when it was 100% vacant. It’s now nearly 60% occupied and getting close to being a real value play. Especially with FreighWaves moving in and planning such aggressive growth. Caveat is that startups can be very fickle tenants. Regardless it’s a great sign.
The critical question that I have wrestled with in looking at all buildings here is ‘Where are all the tenants?’ More businesses like this will help everyone and shore up the values in the commercial real estate market: