By Federal Appraisal LLC Few commercial properties capture attention quite like the former Longaberger Basket Building in Newark, Ohio. Standing seven stories tall and shaped exactly like the company’s iconic Medium Market Basket, the approximately 180,000-square-foot office building has become one of America’s most recognizable examples of novelty architecture. Today, after years of vacancy, ownership…

Five years ago, nuclear power plants were often trading or being valued in the range of approximately$1,500 per kW. Today, some facilities are reaching values closer to $2,000 per kW. This is not a marginalchange; it reflects a fundamental shift in how nuclear generation assets are viewed in today’s energymarkets. A combination of federal policy…

A Dormant Plant Reawakens If the lights come back on at the shuttered Three Mile Island Nuclear Generating Station (TMI) in Pennsylvania, it will represent a significant shift in how we value electricity generation infrastructure in an industry being shaped heavily by increasing demand against shortening supply, and by changing federal policies. Following the partial…

It has been reported that the proposed new ballroom at the White House will have an estimated cost ranging from $200 million to $300 million. For a space reportedly planned to be approximately 90,000 square feet, that equates to between $2,222 and $3,333 per square foot. How does this reconcile with typical market costs?  Herein…