Re: Demise of Bayshore Yard
Author: CBRE
Date: 05-21-2015 - 08:59
> SP was paying property taxes on many acres of
> unused land at Bayshore Yard. So it made very good
> business sense to sell it.
Some valid points about car repair etc but the rational deduction of your mind regarding land doesn't totally pan. It didn't exactly go down like that. There was a little (ok huge) thing called the failed SPSF merger and a big fat baby called Catellus whom it gave birth to and to further push the analogy, the ATSF became its mother. Ok nevermind google it.