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Re: Scratchgolf post# 63274

Monday, 07/19/2021 12:43:57 PM

Monday, July 19, 2021 12:43:57 PM

Post# of 79590
Scratch

There is a Mall in Delaware that I-95 goes right by.

Bought in the 50's or early 60's (I can't remember). There was a 50 acre right of way the state purchased from the developers that was more than what they paid for the entire 450 acre parcel.

The old man told me he learned to read upside down and did just what you said. 20 years in advance he bought that land.

On his death that mall was listed as one of the top 5% income producing per SQFT in the country (not to mention privately owned). A REIT bought it for over 200 Million. Not a shabby return for a man who's education was that of a Machinist who worked a giant lathe.

Everybody thought it was worthless swamp and the old landfill section had little value. All it takes is vision and patients. Maybe someone here as a little foresight and the rest just can't see past their noses.

Not saying this is anything like that but without vision we are blind.

If you know the family behind the mall LMK.

GLTA I've been here since 2017 and have a few dozen shares I'd like to sell once it becomes silver.

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