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re: AT&T Building in St Louis Just Sold

Posted on 4/12/24 at 9:31 am to
Posted by The Maj
Member since Sep 2016
27263 posts
Posted on 4/12/24 at 9:31 am to
quote:

In 2006, it sold for $205 million.


Did someone overvalue it in 2006?

JK....

Commercial real estate has been going through a major transition for a very long time... Covid sped that transition up for many businesses and you throw in downtown St Louis and I really am not surprised with the price drop...
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