Orange County's original leading source for commercial real estate news, analysis, trends, events and resources in office, industrial, retail, multifamily, hotel, healthcare and net lease property sectors.
Combining manufacturing and a retail store creates a unique opportunity for customers to see behind the scenes and witness the creation of their favorite products, Klarif's Klarif Kim tells GlobeSt.com.
Single-tenant retail assets priced $5 million or less continue to sell with the most velocity due to having the largest audience of prospective investors and all-cash buyers that are less dependent upon financing, HIG's Bill Asher tells GlobeSt.com.
Deal activity may have been slowed by the looming specter of tax reform, which prompted investors to delay transaction closings until the new, advantageous legislation took effect in 2018, according to Ten-X.
On the one hand, rising mortgage rates reduce the affordability of housing since the cost of borrowing increases, but rates are increasing because wages are rising faster than expected, says First American's Mark Fleming.
The soft-good tenants that used to occupy big boxes are no longer what Millennials want to see in those spaces, and retail landlords need to be tuned in to their tastes, which often revolve around entertainment, NKF's Dan Samulski tells GlobeSt.com.
No, Ten-X's Peter Muoio tells GlobeSt.com—the movement was mixed across the property segments, and rising interest rates and increasing supply in certain segments and markets could pressure NOI and therefore prices.
There is undoubtedly a void in second- and third-generation offspring wanting to take over the family business, but there is also a huge void of CRE executives ages 40 to 50 since the recession flushed them out, executives tell GlobeSt.com.
A gradual rise in mortgage rates won't change homebuyers' decision to buy a home; there are many other factors that go into that decision, says First American Financial Corp.'s Mark Fleming.
The McFadden Center, a 184,737-square-foot retail, industrial and office complex here, sells to Horowitz Group, which was seeking an investment with dependable, diversified cash flow, GlobeSt.com learns <b>EXCLUSIVELY</b>.