LOS ANGELES—The commercial real estate industryis beginning to realize the value of young people entering the field and what theycan offer in terms of fresh ideas, technology and insight intoother young minds. GlobeSt.com spoke exclusively withWalter F. Conn, president of brokerage forCharles Dunn Co., about its investment in youngpeople, in addition to issues affecting Los Angeles commercial realestate.
GlobeSt.com: Your firm's professionals focus onexpertise in specific submarkets. Why does it take thisapproach?
Conn: We are landlord and regionallyfocused, often in specific submarkets and/or property types. Thatin itself is a specialization within our industry. By focusing onthose individual markets and product types, we become dominant,sought-after experts with intimate market knowledge. This knowledgeultimately leads to more-exclusive assignments and a strongermarket share in specific areas and product types.
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