Don't discount the suburban markets. While the CBD office market is attracting the most attention from investors—and the highest pricing—Andrew White, managing director of the Western Region at Gladstone Commercial, says that investors may be able to find better opportunities and yields in suburban markets. He defines 'suburban' as areas at least 10 miles outside of the CBD, and in Los Angeles that includes markets like El Segundo, which has seen growth as a result of overflow from the surrounding CBD markets. The trend, however, isn't exclusive to Los Angeles. He is seeing suburban markets across the West Coast presenting good office investment opportunities. To find out more about this trend, we sat down with White for an exclusive interview.
GlobeSt.com: Why does suburban office present a good investment opportunity versus CBD office?
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Kelsi Maree Borland
