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Old Posted Feb 3, 2021, 5:16 PM
ASU Diablo ASU Diablo is offline
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Join Date: Jan 2013
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Quote:
Originally Posted by Prestige Worldwide View Post
I thought Wells Fargo owned the building, at least property records show them as the owners of the underlying ground (they also control the parking garage across from Crescent Ballroom). My understanding is that their ownership interest in the building and parking is what keeps them grounded to the Downtown location, but yes it would not be surprising to see them leave. Chase leaving for their suburban campus is an indicator that Wells might be plotting the same move and selling their Downtown real estate holdings.

That building is a old dog and will suffer from the same uncertain future as the Chase Tower. Probably repurposed for residential eventually.
Interesting...they closed down the WF Museum middle of last year as well. Maybe this is a blessing in disguise. If they end up selling the land they owe, would be good to see the garage next to WF Plaza demolished as well as the one in front of Crescent. Can't have the state's tallest building next to an ugly, parking garage
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