X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Los Angeles and the Inland Empire are capturing foreign investment attention. New research from CBRE has found that Los Angeles is second in the nation, behind Manhattan, for inbound investment, with $1.7 billion invested, while the Inland Empire is listed as the top growth market for foreign capital, up 266% year-over-year.

“For each of the last five years, Los Angeles has been a top destination for foreign and domestic investors for a few reasons. First off, it’s one of the six primary gateway markets that still feels “affordable,” Todd Tydlaska of CBRE, tells GlobeSt.com. “Comparatively speaking. Second, L.A. was late to the recovery this cycle compared with tech-driven markets such as San Francisco, Seattle and Boston. Third, no single industry is leading the economic recovery in L.A. Four, fundamentals are strong and there are significant barriers to entry in the Greater LA market, meaning that investors are underwriting continued strong leasing fundamentals. Five, this area boasts a tremendous population base that feeds the market locally and regionally; and last but not least, the ports of L.A. and Long Beach are a huge driver of economic activity and growth.”

Kelsi Maree Borland

Kelsi Maree Borland is a freelance writer and editor living in Los Angeles whose work has appeared in such publications as Travel + Leisure, Angeleno and Los Angeles Magazine.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.