Posted more than 1 month ago

Commercial RE Expert on Secret ICE Warehouse Buys for GlobeSt.com

ICE has been purchasing warehouses but some owners are backing out of deals, AP reported ([url=https://substack.com/redirect/b46c518a-3015-438e-9d4b-da840e5a9512]https://apnews.com/article/immigrant-detention-warehouses-ice-trump-a4a71226409cd9fedc9aa5de5ec90654[/url]). The purchases have been done secretly ([url=https://substack.com/redirect/7da90fd4-a779-4e0c-b33b-8aed676c6e2b]https://apnews.com/article/immigration-detention-centers-pushback-24e702da67281a672b0f77287aaa87ba[/url]). l’m interested in the following without undue politicking: 1. How often/when do local governments object to purchases of land or facilities? 2. How frequently are purchases done in secret? How unusual is this? 3. What are the tax implications for local areas in such purchases? Do they completely lose the tax revenue? 4. In such large projects, who gets the bill for the necessary infrastructure to service the facility? 5. Anything else I’m not asking that would be of interest to those in commercial real estate? Please reach me at [email redacted].
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