They beat the inflation.Now coming 2022, post inflation, this number is extremely hard to digest if actual inflation is 8%.Actual cap rate is now like 3-5% esp in low cap rat city.

https://www.google.com/maps/@34.0659608,-118.21756...Main street side of The brewery.https://www.google.com/maps/@34.0659572,-118.21778…Molton street side of The breweryhttps://www.google.com/maps/@34.064797,-118.219507…Art studios all up in that areahttps://www.google.com/maps/@34.064714,-118.219549...So my place on the westside was a hop, skip and jump away from my favorite places in Santa Monica and then I could get down and gritty so to speak at the Brewery.The huge fiberglass horse you see sitting on the shipping containers was put there just before I left the brewery.https://www.google.com/maps/@34.0659673,-118.21716...And then in the smoke stack in the distance is visible landmark from the 5 freeway (which is directly on the left - (Main street exit).https://www.google.com/maps/@34.0659731,-118.21676…I haven't seen it before but behind this gate, there is supposed to be a fantastic Architectural digest type home with interiors that you'd see on say ABBOT KINNEY in Venice Beach.  

Hi Everyone,Full Disclosure: I've been lurking in the shadows of the forums and digesting EVERY single episode of the podcast like audio crack for weeks now.This is me officially stepping out to say "hello".My name's Jon; I live in Atlanta, GA and my "profession" is in video production and A/V technologies. 

Think architectural digest, interior designers and professional staging.

@Sean DolanI briefly read your reply and I plan on coming back to really digest it tomorrow (i'm on my way out the door).  

I couldn't digest it well at the first time I read. 

I would do your homework, digest a lot of information, and so forth.

Question for you - now that you've had time to study and digest the replies, what is your take now?

You bring up a lot of points, I read this a few minutes ago and needed a few minutes to digest.

@Brian EastmanThank you for the clear, easy to digest information.