Investing 102

[Panteracer]

I get a commercial real estate news letter every day
Again Silicon Valley. Some are rethinking and subleasing their
office space but it is amazing how many of the big investors
are buying things at big money like tomorrow is going to be
a lot better.... some guys that bought a bldg at lets say $80 mil
are making $40 to $60 mil more than they bought it two years back

We also have Google, Facebook, Apple etc buying all sorts of property
My office building is across the freeway from Google and many of
the other owners on my street have sold out to Google many years back and renting back.

I do a lot of Lab renovations as a contractor and their vacancy is still
very low as the labs still need to be there so they can do their work
South SF is the so called Bio Tech Capitol of the world and has grown
so much in the last 5-10 years.. Many are moving south or north because
the rents for them there are getting so high

Hard to figure things out.. maybe Google will make an offer we can't
refuse on our bldg... until then we keep plugging away

Bob