Office Market Discussion

[s211]

Originally Posted by jollyburger

Holborn bought 1185 West Georgia last month from Allied Properties and could potentially be converted into a hotel.

https://www.westerninvestor.com/british-...tower-completing-downtown-block-12550715

IIRC, 1185 is post-tension, and has suffered from substandard construction since completion. Many years ago I attended a DD property tour and the engineering consultants shook their heads a lot. I sure hope Holburn did some serious DD and only paid pennies on the dollar for that property.