Prop 64 will increase industrial property values for the short term in North Costa Mesa and parts of Santa Ana by up to 40%, and industrial property rents in these areas could double, Lee's Jack Haley and Greg Diab tell GlobeSt.com.
“With its proximity to Hackensack Meridian Health, Jersey Shore University Medical Center, we recognized the property's strength and attractiveness," says Jaime Weiss, president of Weiss Realty.
Capitol Tower sits in the central business district near landmark cultural neighbors that include the Theater District, the historic Market Square and Buffalo Bayou Park.