Healthcare, life sciences, tech and business services are well-positioned for further growth in Orange County as employment diversification continues to drive office vacancy lower, JLL's Jared Dienstag tells GlobeSt.com.
Average-to low-performing retail centers are seeing value declines, but there's “no evidence” of such declines for high-performing malls and shopping centers, says Melissa Reagen with TH Real Estate.
“The renovations will modernize the facility, and the renewable energy solar project will reduce the carbon footprint while converting the property into a sustainable facility,” says Sky Management's Alex Dembitzer.
Technology-related disruptors like Amazon, autonomous vehicles and Airbnb will dramatically and permanent shift the way we use real estate, while other types have been overplayed, London Moeder Advisors' Gary London tells GlobeSt.com.
According to Joseph Ori of Paramount Capital Group, data analytics will allow real estate practitioners to make better decisions and plans and increase profits in a CRE portfolio.
With e-commerce bringing so many changes to retail, one Chicago-area firm believes it's a good idea to get a foothold in the quickly expanding distribution sector.