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by neilparikh
1231 days ago
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> Dermody Properties LLC, a commercial real estate developer based in Reno, Nevada, is buying the property and will convert it into warehouse space Is more warehouse space really the most efficient/needed use for land in the Bay Area? |
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Efficient as in benefit / land used, maybe not, but definitely once you apply the filter of (achievable given capital costs).
Though I can see why locals would prefer Amazon pay property tax and leave the property unused.