When to Hold, When to Fold, $33 Million Dollar Office Building in 2017, $6.8 Million Dollars in 2025?

6001 Shellmond St., Emeryville, a110,000 sf Class A eight-story office building with adjacent shopping and retail was purchased in 2017 for $33 million, and the $21.6 million loan was just purchased for $6.8 million last month. $300/sf before,$62/sf now…