Monday, July 16, 2007

What buildings AREN'T for sale?

Just when you think things have to slow down, another portfolio of Chicago office buildings goes on the market. I can't blame them given the IRRs you'll get on such a short hold. You know those nice metal plates on the fronts or in the elevators of buildings identifying the owner and manager? I'm starting to wonder if a piece of paper and a laser printer might be a better idea.