November 22, 2024

Big Bucks for a Box: The $38.76M warehouse…that’s not even built yet

You wouldn’t believe the hullabaloo some people make about a slab of concrete, but here goes. Cushman & Wakefield, those bigwig real estate folks, couldn’t wait to puff out their chests and tell the world they helped broker the forward sale of an industrial building in Escondido, California. Fancy name, right? Forward sale. It’s just code for “selling something that’s not even finished yet,” which…