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Buyers Struggle to Find High-Yield Opportunities

Local clients are looking outside of the San Diego market for higher-risk/higher-return investment opportunities, particularly in high-job-growth markets like Seattle, Austin, Denver and Phoenix, CBRE's Scott Peterson tells GlobeSt.com.

By Carrie Rossenfeld | carrierossenfeld | Updated on October 04, 2017

Scott Peterson Peterson: “We expect to see activity increase in the second half of the year for most property types, primarily a result of demand to place capital.”

SAN DIEGO—Local clients are looking outside of the San Diego market for higher-risk/higher-return investment opportunities, particularly in high-job-growth markets like Seattle, Austin, Denver and Phoenix, Scott Peterson, senior VP, debt and structured finance, for CBRE Capital Markets, tells GlobeSt.com. According to a recent report from CBRE Research, prices in the region were up for most property types, despite a slower-than-average half in sales volume and properties sold. Sales volume should rebound, since several major properties went on the market in the first half and are expected to close by year-end.

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