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Positive economic indicators inject confidence into the market after two years.
Rates on Beverly Hills’ strip hit $1,100 per SF as luxury brands grow footprints.
There is value to be had in quality properties, but they are a minority share.
Their use has been building for some time.
The area saw 67 percent growth from 2023.
The 322,070-square-foot single-tenant asset is 100% leased.
Luxury brands and other retailers are competing for the same optimum locations.
Newport Beach firm buys Inland Empire MOB, to replace with four-story self-storage facility.
Multifamily demand is up 50% from last year.
Cushman & Wakefield’s Bruce Mosler speaks on the CRE market trends.