“The Grandstand offers new ownership tremendous headroom given the significant rent spreads achieved by nearby, fully renovated communities,” says Shea Campbell, a senior vice president at CBRE.
Los Angeles has the fastest growing tech labor force in the country, up 12.3% in the last two years, while Orange County’s tech labor force grew by 10.6% in two years.
The new organizational structure will replace the existing operations that manage CBRE’s services business within its existing geographic businesses—Americas, EMEA and APAC. That structure will remain in effect for the remainder of 2018.
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