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Updated over 4 years ago on . Most recent reply
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Commercial RE -- Best Buy Closing
Commercial RE newbie... Our local Best Buy is closing. I spoke with one of the managers and they couldn't come to terms on the lease with the building owner. I'm trying to understand why -- in the middle of this mess -- you wouldn't find that middle point. What am I missing? I assume Best Buy writes a hefty check every month, on time.
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Originally posted by @Greg Todrank:
Commercial RE newbie... Our local Best Buy is closing. I spoke with one of the managers and they couldn't come to terms on the lease with the building owner. I'm trying to understand why -- in the middle of this mess -- you wouldn't find that middle point. What am I missing? I assume Best Buy writes a hefty check every month, on time.
Most likely the building owner has bigger plans in store. Maybe self storage?