Who is the landlord?
Perhaps a letter writing appeal to that entity would help.

The property sold for $7.8M in December 2018 to an investment fund whose purpose is to acquire commercial properties in desirable areas at a discount to what they should be earning. The value add in the investment comes from bringing the rental rates to market. This property had rents substantially below market, it was publicly marketed as having the majority of the square footage under lease with expiring leases, so this was not a surprise for the PYT, it is more economic/social politics similar to the Measure V debacle with everyone being a victim and no one accountable. The new owner is transparent and legally engaged in real estate investment, there's nothing wrong with what they are doing. Web Link

" there's nothing wrong with what they are doing."
I'm not sure where someone said they were doing anything wrong.

In response to The Truth You said:

“The property sold for $7.8M in December 2018 to an investment fund whose purpose is to acquire commercial properties in desirable areas at a discount to what they should be earning.”

First, that is simply an arbitrary claim. Given that the propert was bought for almost twice its value based on the Santa Clara Taxes. This is called predatory buying, which is designed to inflate values of properties, without any method to substantiate it. So you seem to be arguing that if someone is conned into paying an outrageous price for the property, the best practice is to hold those not responsible to pay the price. You said:


“The value add in the investment comes from bringing the rental rates to market.”

What evidence did you have to prove this? Given the property was not worth the price paid for it. You went on to say:

“This property had rents substantially below market, it was publicly marketed as having the majority of the square footage under lease with expiring leases, so this was not a surprise for the PYT, it is more economic/social politics similar to the Measure V debacle with everyone being a victim and no one accountable.”

Measure V was not applicable to businesses and you know it. It is only addressing residences. You seem fixated to try to blame Measure V for everything wrong with the problems of realtors overpricing properties and promoting the plan of flipping the cost onto either older customers or new ones. This is getting very weird. You said:

“The new owner is transparent and legally engaged in real estate investment, there's nothing wrong with what they are doing.”

Yes this is transparent business practices? What is going on is a continuing scam, where people like yourself try to blame everyone else for the fact that people look to real estate agents as investment professionals. THEY ARE NOT. This idea was sold by con artists selling books to make money. These people are taking advantage of those who totally buy the fiction that real estate is a high return low risk business. IT IS NOT. These people simply say if the customers buying books and doing seminars get themselves in financial trouble, it is not the fault of the authors or hosts of seminars, it’s not the buyers fault for the problems, it’s not the realtors that take advantage of the buyers, it is the people that are getting in their way who had nothing to do with it.

Is that all you can claim?