Kendall: National Interest Rising in County Office Market

ONTARIO, CA—Optimism is high in San Bernardino County—and investors are playing a role. The region is beating its neighbors in job creation over the past year (2.2% growth, vs. 2.0% for Orange County and 1.3% L.A.). And statewide it saw the highest levels of new business creation (two-thirds of all businesses in 2012 and 2013) and is home to the metros with the largest gain of 25- to 34-year-old college graduates between 2011 and 2013.

All these point to momentum when the county hosts its “State of the County” event on April 15 (full information can be found by clicking here). To get an idea for how positive the outlook is, GlobeSt.com spoke exclusively with Michael Kendall, panelist on the “Game Changing Commercial Real Estate Opportunities Now and for the Future in San Bernardino County” session taking place at the event. The SVP of investment properties for CBRE, Capital Markets, gave his take on current investor interest in the office market and how the County fits in, both regionally and nationally.