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Updated almost 2 years ago on . Most recent reply

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189
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Brian Plajer
  • Rental Property Investor
  • Chalfont, PA
90
Votes |
189
Posts

Strategy with large buildings

Brian Plajer
  • Rental Property Investor
  • Chalfont, PA
Posted

I keep seeing these super large concrete buildings going up even where there are empty buildings available a block away. These are financed and available so they aren't built for a specific purpose. I'm trying to understand that strategy and how they get financing. It also doesn't seem possible that market retail rents would cover the expenses of such a large new build

  • Brian Plajer
  • [email protected]
  • Most Popular Reply

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    667
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    Malcomb Stapel
    • Investor
    • Topeka, KS
    490
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    667
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    Malcomb Stapel
    • Investor
    • Topeka, KS
    Replied
    Quote from @Brian Plajer:

    I keep seeing these super large concrete buildings going up even where there are empty buildings available a block away. These are financed and available so they aren't built for a specific purpose. I'm trying to understand that strategy and how they get financing. It also doesn't seem possible that market retail rents would cover the expenses of such a large new build


     Your talking about large manufacturing type buildings? If that's the case, it's no secret that the US is re-patriating jobs from overseas. Somebody is putting that up hoping that the next microchip factory, i-phone, tesla battery, etc will come in and occupy it.  

  • Malcomb Stapel
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