Why does a purchase for a new LIO not go out for competitive did? This how they got in trouble last time. Are they negotiating on the price?  Is this building too large?? How much space are they actually using, since they are leasing back to Wells Fargo - $600K annually is $50K per month ÷ $2.65/SF (listed lease rate in blg) is approx 20K SF. In this economic environment, why aren't they leasing instead of buying.  Put out an RFP to lease space, landlords would jump at the chance to obtain a good tenant, let's see what the other buildings and offers would look like for a lease.