@ClarenceWongCRE@DFWJoeAskew Just curious what return on cost are you underwriting to in today’s environment? Not seeing much retail being built due to rates/cost issues. Congrats!
@ClarenceWongCRE@MattLasky @Alex_Zapata_CRE Unlikely to me they bought it for pads. Maybe some future expansion or REA they wanted to control. Also speculation on my part. Just guessing
@ClarenceWongCRE@MattLasky @Alex_Zapata_CRE Why do you think they bought it? For the real estate value add or some other reason like to expand their store? I know nothing about the site or the deal. I’m just curious