GREAT DAY

    Posted by arl3080 on 20th of May 2008 at 02:50 pm

    Dylan--I know your in real estate--I just signed a 10 year deal with NYtel--aka Verizon for 65,000 ft and I am 100% rented with over 240,000sf

    NYTel has been with us since 1965..Im not shorting real estate

    where are you arl?

    Posted by whs956 on 20th of May 2008 at 02:53 pm

    we have building in Bentonville...servicing Wal Mart vendors and the market is weak.... 82% occupied.....  location location location... 

    WE ARE IN NY--Notheast Bronx--on

    Posted by arl3080 on 20th of May 2008 at 03:24 pm

    WE ARE IN NY--Notheast Bronx--on the Westchester County line.We are lookin to build more space--eventually we will liqudate eveything,built by ARL INC

    BTW....

    Posted by whs956 on 20th of May 2008 at 03:35 pm

    I live in Southern California and the staying power theory may not work here in residential....lol  IMO we have another 15% down in values.  

    there yah go

    Posted by whs956 on 20th of May 2008 at 03:33 pm

    nice.   too much land and they built too fast in Arkansas so the area is busy trying to fill vacancies.  NO money available for new construction however and when it does resume, prices of materials are going up and up... witness copper....and so it will be much more expensive to build.  The secret to being a genius in real estate is staying power... lol.  

    SRS

    Posted by drorlando on 20th of May 2008 at 02:57 pm

    whs956, right on the money...location, location, location.  Time will prove whether we are right, and I do not think with the bollinger baands so tight, we will have to wait long.  I have loaded up the truck on SRS

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