@BogdanBurlacu@twallyweb I’m guessing he means dont pour slabs until tenant comes along. To prevent unnecessary saw cutting and eventual Swiss cheese of slab. Pouring slab is quick when needed.
@shawngorham Toy are going to pay the depreciation either way. It’s just a matter of : Are you getting a better deal based on the OEM residual value, or do you want to make a bet on that yourself?
@moseskagan If there is no mark to market then no. You are completely relying on rental growth outside of your control.
The only answer to this is a much higher going in Yield as your downside protection.