Basket-shaped building, former HQ for basket company, not finding many buyers

What must have seemed like such a good idea at the time—Longaberger basket company constructing a 7-story building in the shape of their flagship product—has made it very difficult for commercial real estate brokers trying to sell the building. It seems nobody wants to locate their offices in a giant basket. According to Bloomberg: The … Continue reading Basket-shaped building, former HQ for basket company, not finding many buyers

Alan Nevin: The Rents Need to Justify Apartment Construction Costs

Colleague, friend, and leading economist, Alan Nevin, wrote a fascinating article for the San Diego Daily Transcript on the relationship between apartment construction costs and rental rates. The analysis shows the difference in the costs of developing three different types of apartment projects in San Diego County. The three types are a three-story garden walk-up, … Continue reading Alan Nevin: The Rents Need to Justify Apartment Construction Costs