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Category

😹
Fun
Transcript
00:00The office space apocalypse just keeps rolling. This time, we're seeing a 97% discount on an
00:06office space in Minneapolis. This is crazy. Back in 2016, this building sold for $200 million.
00:12Fast forward a couple years, what could this building be worth now? How about $6.25? From
00:17$200 million to $6.25 million. That is as crazy as it sounds. But hopefully, the fact that we
00:23are at least seeing some transaction could signal that we are close to a bottom. We're seeing more
00:27big investors jump into this space, trying to scoop up properties at deep discounts like we're
00:33seeing here. I don't personally invest in office space, but I do actually think it might be a good
00:36move. With these valuations, it's starting to look pretty attractive. What about you? Would you do
00:40this kind of deal?
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