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Livermore development An unentitled development parcel at Isabel Avenue and I-580 presents a unique opportunity.

LIVERMORE, CA—Multifamily vacancy in the Tri-Valley is hovering just above 4%. It was below 4% from 2012 to 2015 but there were a lot of new deliveries in 2016 and 2017, which pushed vacancy up slightly.  However, rent growth–which was flat in 2016–started rising last year and is trending up as new units are delivered, according to JLL.

Lisa Brown

Lisa Brown is an editor for the south and west regions of GlobeSt.com. She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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