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Originally Posted by I-Hate-Hulse
So if Brion's moving out does that make the old Encana/PanCanadian Place empty? Aspen has to be losing their shirt on that place. Crappy space, weird lobby level, limited underground parking (parking in Palliser stinks), limited +15 access, substantial renos needed... what's not to like?
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They bought it knowing all of that. That said, they probably didn't anticipate the market getting as bad as it is, so.... They could have gotten what looked like a fair price on it given all the bad stuff, but it could still end up being much worse.
Aspen didn't buy all of it though, there was also a "private investor"... I'm not sure who it was but have a guess as to who it would be and maybe you'll wonder even more about "what's not to like" if accurate.