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Article #1706

Re: Office Space For Lease

#1706
From: Adam H. Kerman
Date: Sat, 21 May 2011 21:33
44 lines
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Cydrome Leader <presence@MUNGEpanix.com> wrote:
>Adam H. Kerman <ahk@chinet.com> wrote:
>>Cydrome Leader <presence@MUNGEpanix.com> wrote:
>>>Commercial Real Estate in Lake County <crlamphere@gmail.com> wrote:

>>>>1 Overlook Point offers great Class A office space for lease  in
>>>>Lincolnshire, Illinois. Both large and small suites are available for
>>>>immediate occupancy. For further information contact Nick Panarese at
>>>>847-634-2300 or visit http://www.vvco.com

>>>Hi, I hope you can help me.

>>>I need 150,000sq of light manufacturing space in the next 6months in the 
>>>Chicagoland area for a very time sensitive project.

>>>Please contact me.

>>There's a huge building, empty since 1996, a couple of blocks south of
>>where you work. I wonder why no one's put it up on eBay.

>what is going on with the fucking post office?

That's the building.

For historic reasons I don't understand, it's owned by the General
Services Administration and not the post office. While post offices in
court houses or locations that had been court houses, like Loop Station,
are GSA facilities, processing plants shouldn't have been.

A number of years ago, GSA set up a bidding system guaranteed to fail
because the bidders weren't prequalified in that they could obtain financing
to complete the project, let alone complete the sale. A man known to
have bid on a number of prominent properties in recent years in other
countries was the high bidder, and GSA accepted the bid, even though the
man had a history of not completing purchases.

The bidding was not set up that the second highest bidder could be
declared the winner when the highest bidder failed to complete the purchase.

Given what the post office spent to build the new plant across the street,
I believe it would have been cheaper if they'd stayed, building the truck
apron they needed over the Eisenhower. Remember, the new facility is
built entirely on railroad air rights, instead of finding an adequate
vacant industrial parcel on the west side of which we have no shortage of.
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From: "Adam H. Kerman" <ahk@chinet.com>
Newsgroups: chi.wanted
Subject: Re: Office Space For Lease
Date: Sat, 21 May 2011 21:33:29 +0000 (UTC)
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