Chapter 296
“They couldn’t afford to halt construction on their active sites; missing the deadlines would result in even more devastating penalties. So, they scrambled for funds, trying to secure mortgages, but Lawrence Lance blocked them at every turn.
When I approached the Quinn family with an offer to buy the building, they jumped at the chance.
They were willing to slash the asking price, but on one non-negotiable condition: the payment had to be made upfront, fully in cash. No installments p>
Mira smiled. “This just proves why having massive liquidity is the ultimate advantage p>
The acquisition had set Mira back a cool billion dollars.
It was four hundred million more than what she had paid for the property she bought from the Rivers family back home, but real estate in Aethelgard was naturally at a premium. Besides, this building was significantly taller and more expansive, making it worth every penny.
“But this move ties up a massive chunk of your working capital,” Owen pointed out. “It’s going to make funding our next ventures incredibly tight p>
“That’s fine. Real estate is just another form of wealth management. Trust me, in the near future, property values are going to skyrocket. This building’s worth will double before we know it p>
In truth, it would do far more than double, though it would take a few years. Furthermore, owning a commercial high-rise was a goldmine in itself.
Even when utilized by their own subsidiaries, each branch still had to allocate a budget for rent—and that rent funneled directly into Mira’s personal accounts.
Plus, they had the luxury of reserving the premium floors for themselves, without ever worrying about a landlord kicking them out.
“I trust you,” Felix said.
“I trust you too,” Harvey added.
“So, whenever you guys have spare cash lying around, invest in real estate p>
As they chatted, the convoy pulled into the plaza’s expansive parking lot.
The group stepped into the grand lobby. The vast, light-filled space instantly brought a sense of comfort and sophistication.
A massive reception desk anchored the center of the lobby, where impeccably dressed staff offered warm, professional greetings.
The elevator banks were lavishly decorated and brightly lit, and the cars moved with whisper-quiet speed.
The hallways were wide and spotless, lined with plush, high-end carpeting.
The top floor featured a breathtaking observation deck that offered a panoramic view of the entire city skyline.
The deck was outfitted with lounge areas and a high-end café, designed as a sanctuary for people to unwind and soak in the atmosphere.
“When did you guys move in?” Mira asked Felix, glancing at the gleaming EcoRide corporate plaque.
“The very next day after we closed the deal p>
“By the way, several companies reached out wanting to lease office space, but since
you mentioned expanding our own operations here, I put them all on hold p>
Mira nodded in approval. “Let’s ensure our group has all the space we need first. We can lease out whatever is left over p>
The administrative offices for
EcoRide and the steakhouse didn’t
require much space, but Solfa
Entertainment’s various division’s were notorious for eating up square footage.
Back in Melvion City, the entertainment branch occupied three entire floors.
Furthermore, Mira had plans to launch entirely new ventures while she was here.
Once a floor was leased out, the
contracts were ironclad, making it
difficult to reclaim the space without
severe penalties—unless she intended to play dirty which didn’t.
Next, the team gathered in a state-of-the-art boardroom.
Grant Ziegler and Kieran Holt took the lead on the logistics for opening the new steakhouse and
entertainment branche ment branches
respectively. Mira’s only directive
was to keep a low profile during the
initial phases to avoid drawing
unnecessary fire.
After the briefing, everyone dispersed to handle their assignments, while Aidan and Gavin headed to the studio for concert rehearsals.
Back at the hotel, Mira pulled Owen aside for a private conversation. “Owen, I want you to be the CEO. From now on, you’ll be running the entire corporate group p>