LOS ANGELES—“We look at the percentage of the population that has a bachelor's degree or higher.” That was according to Juaquin de Monet, founder and managing principal of Palisades Capital Realty Advisors LLC, when talking about what his firm looks for in a suburban office location. “We are looking at diversification, affordability, quality of life and income.”
At the recent RealShare L.A. conference here, he pointed out that generally speaking, you want good places to live with a solid workplace that are diversified, where the cost of living and owning a home is manageable given the income.
“On average, you will see homes in the $200,000 to $300,000 range. Salary will be in the low $60,000 range for most of the markets we are in,” de Money said. “Those are the things we look to as it relates to suburban office and the locations we are focused on.”
Check out the below stories to read more coverage from our RealShare L.A. event.
Financial Industry Gets Creative When Challenged
Doesn't Have to be Core if Demographics are Strong
Cash Is “Especially King” for Industrial Product
What Will Happen to SoCal's 1980s Product?
Where are we in the Investment Cycle?
Richard Ziman Talks L.A., Receives Legends Award
Metrics Look Good, But Wild Cards Remain
How Do You Define an Emerging Neighborhood?
LOS ANGELES—“We look at the percentage of the population that has a bachelor's degree or higher.” That was according to Juaquin de Monet, founder and managing principal of Palisades Capital Realty Advisors LLC, when talking about what his firm looks for in a suburban office location. “We are looking at diversification, affordability, quality of life and income.”
At the recent RealShare L.A. conference here, he pointed out that generally speaking, you want good places to live with a solid workplace that are diversified, where the cost of living and owning a home is manageable given the income.
“On average, you will see homes in the $200,000 to $300,000 range. Salary will be in the low $60,000 range for most of the markets we are in,” de Money said. “Those are the things we look to as it relates to suburban office and the locations we are focused on.”
Check out the below stories to read more coverage from our RealShare L.A. event.
Financial Industry Gets Creative When Challenged
Doesn't Have to be Core if Demographics are Strong
Cash Is “Especially King” for Industrial Product
What Will Happen to SoCal's 1980s Product?
Where are we in the Investment Cycle?
Richard Ziman Talks L.A., Receives Legends Award
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.