When Urban Land Interests (ULI) purchased its first building on Block 89 in 1986 — a vacant J.C. Penney department store that ULI converted into the five-story, 86,000-sq.-ft. One East Main office ...
Block’s monetization rate reached an all-time high in Q4. Management intends to live by its 12,000-employee cap for years. Block's balance sheet position and cash flow profile have never been better.