I see more situations like this on the horizon as some of the best opportunities of our lifetimes are going to be available at deeply discount prices | https://ramlcpa.link/24jy

REI's decision not occupy it's brand new work campus, and instead sell it is a great example of the type of value business and their advisors should be preparing for.

With this facility, another larger company can get an almost unreal opportunity of a fully designed and customer business campus at a fraction of the full development cost. Even if a company wanted to personal or make some changes to fit their brand, those changes are likely minor in scope of the project.

I can easily see the right developer looking at this with the wheels turning in their head with the desire to make it mixed-use facility at a fraction of the full development price.

You think someone would want to do this now, during the #Pandemic?

Absolutely, deals and opportunities likely this only become available during times of #economic #recession and #depression and the beauty of this concept is it could eliminate the #WFH and #socialdistancing concerns for #businesses that have employees that live or stay in the space.

I also have great empathy for those that are losing much if not all of their lives work. 

Can some of these opportunities include helping those hurt most?

Absolutely especially if the person is deep in knowledge or skill and is better or worse at certain aspects of running a business the compliment your skills and abilities.  You would then be getting this personal knowledge and skill at a discount, but it can also help you reach new heights and making it a win-win for all involved. 
This will almost certain be exception, however we're all going to be or have friend or family affect by the economic impact of COVID19, but by being humble and helpful businesses and their accountants and advisors can be in a better position to help those hurt the most.

#ramlcpa #realestate #commericalproperty #REI ​

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