Jordan Menashe is excited about the future of office buildings. His family-run firm, Menashe Properties, has acquired four office properties in the last 10 months and is eyeing another.It`s a bet few are willing to take as office occupancy has stagnated far below where it was in 2019. But a growing number of investors are putting money behind the belief that remote work is still just a fad, and just like the fashion trends of the `90s that are back in style, office work is going to come back with a vengeance.
“We were all wearing skinny jeans just a year ago. But before skinny jeans, we were wearing jeans that were really baggy,” Menashe said. “Now, what are kids wearing on their first day of high school? The baggier, the better.”...
RSK: Like they say , if you have a business plan that just might work....banks will work with you. Not for the faint of heart but you make your money when you buy your property at the right price.
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- - Volume: 24 - WEEK: 37 Date: 9/12/2024 9:26:24 AM -