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Old Posted Jul 22, 2009, 1:03 AM
WildCowboy WildCowboy is offline
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Join Date: Aug 2007
Posts: 527
Quote:
Originally Posted by BTinSF View Post
More importantly, it's a RENTAL research building. Unlike the UC buildings or condos that either seek to impress or to lure buyers with higher grade finishes, this building is there to make money for Alexandria and its stockholders (such as ME). Lower costs per sq. ft + higher rental per sq. ft. = more profit.
I agree in part, but rental buildings don't HAVE to look cheap. See 1500 Owens for an example of a very nice looking rental building. 1700 Owens isn't bad either. I'm not particularly fond of the concrete look on much of the Old Navy HQ or the faux brick on its vacant neighbor, but the west side properties prove that it can be done, and done by Alexandria no less.
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