Monday, November 17, 2008

Officially in Vogue: Steel Skeletons

Pointed out in Calculated Risk last Friday, Sobrato Development is leaving a group of speculative Santa Clara office buildings in stylish steel structural skeleton as they wait for the market to turn around and a buyer/tenant (read: sucker) to materialize. And if I don't get fed more already, I'll be nearly as gaunt, if covered. Money quote:
This is a delay rather than a shut-down. We are going to finish this building.
Yeah. Uh huh. Any bets on whether grass grows on the roof beams? C'mon, I need the kibble.

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