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NEWPORT BEACH, CA—Industrial real estate demand is stronger than ever and will continue to outpace supply for at least the next several years, Birtcher Development LLC's CEO Brandon Birtcher tells GlobeSt.com. Now in its fifth generation of family ownership, the company develops speculative “big-box” warehouse facilities ranging from 100,000 square feet to 1.5 million square feet in the highest-barrier-to-entry and highest-absorbing markets of the US. Since its inception, Birtcher has acquired, managed or developed more than 65 million square feet over 260 projects valued in excess of $7 billion dollars.
We spoke exclusively with Birtcher about the outlook for industrial real estate in Southern California into 2018, how it compares to the rest of the country and which areas offer the highest returns.
GlobeSt.com: What is your outlook for industrial real estate in Orange County, Los Angeles and the Inland Empire?
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
