The first office-to-industrial project has kicked off in San Diego to fulfill the need for quality industrial product—but could this become a widespread trend?
Southern California investment activity was robust in the first half of 2018 with multifamily and industrial asset classes leading.
"The sale was driven by a long-term absolute triple-net lease," says STREAM Capital's Phil DiGennaro. "The private buyer was in a large 1031 exchange and was drawn to the company's headquarters location outside of Pittsburgh.”
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