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Concentrating on the amenities that will yield owners the most bang for their buck and that mean the most for their tenants will help them stay within budget, JLL executives from three SoCal markets tell GlobeSt.com.
As the year winds to a close, it ends with significant activity in Silicon Valley and GlobeSt.com has learned of several significant recent transactions that are contributing to the ongoing stimulus underway there.
Lifestyle preferences continue to shift in terms of where people live, work and shop, and these changes are fueling a continued evolution of office, multifamily and retail properties, RAF's Adam Robinson tells GlobeSt.com.
Proposals included preserving and improving the state's incentive programs, standardizing local land-use procedures, creating sites for industrial projects, and expanding successful efforts to streamline environmental regulations.
Now that the Airport Freeway construction is complete, office buildings along that freeway are beginning to record increased occupancy levels, resulting in attractive investment opportunities in the area.
The tourist city has gained national attention and corporate relocations creating strong office fundamentals across the entire class A office market, which is now nearly 90% occupied.