10-19-2016, 10:33 AM
(10-19-2016, 09:35 AM)zanate Wrote: (I've heard similar scuttlebutt about UHaul being reluctant to part with locations, but if someone is willing to develop the site to 20 stories, they'd be able to make a compelling land offer.)
I've seen people trot that out with the example of U-Haul locations in Manhattan. Forgetting that Manhattan is its own ecosystem with factors that don't apply anywhere else.
Quote:Savills Studley’s Carlos said the U-Haul property is often eyed by developers, but that selling is not particularly attractive to the company because it would need to buy a replacement site in the current frenzied market in order to keep operating.