The document discusses two real estate development projects in Portland, Oregon. It provides details on the land costs, construction costs, values, returns, and profits for a 3,800 square foot office building located at 1111 E Burnside St and a 7,200 square foot mixed-use building with restaurants, a bakery, office and loft located at NE Glisan and 24th St. It notes that the Burnside building had a net loss while the second project at NE Glisan and 24th St is projected to have a positive return.

1. HELLO.

2. 1) FAILURE 2) RESPONSE

5. LAND COST 3,800 sq.ft. X $20 = $76,000

6. COST = $3,861,000 VALUE = $3,998,000

7. INVESTMENT = $1,140,000 RETURN = 7%

8. HARD COSTS = $175/sq.ft. SOFT COSTS = $51/sq.ft.

9. NOTE: THE STORY SELLS

10. NOTE: V.E. THE WAY YOU WANT

11. NOTE: ‘SOPHISTICATED’ GREEN …..

12. … . AND MY BIG EGO = EXPENSIVE! i.e. – QUIT WHILE YOU’RE AHEAD.

13. COST = $3,861,000 2008 VALUE = $3,998,000 2011 VALUE = $2,900,000 NET PROFIT = ($1,098,000)

14. … ..

17. COST 7,200 sq.ft. X $110 = $792,000

18. COST = $1,300,000 VALUE = $1,500,000

20. www.TENpod.org/guerrilladevelopment

21. THE END. (Thanks)