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DFW remains high on investors' radars and an opportunistic retail product with a desirable size and scale resulted in a high level of investor interest including the out-of-state buyer of the Vista Ridge assets.
US economic cycles tend to run for seven to eight years, yet the current expansionary cycle, which started in 2009, already is among the longest on record for the American economy.
Los Angeles has seen huge investment from Asia both in the commercial and single-family markets, but the buyer pool isn't absent from the DTLA condo market.
While the grocery industry is undergoing changes in tenant mix, technology, and customer trends, the acquisition of Whole Foods by Amazon did not have a noticeable effect on grocery sector.
Philadelphia-based LEM Capital is targeting class-B investment in Sacramento, Orange County and Los Angeles to capitalize on the State's need for more moderate-priced housing.
After strategic renovations transformed the class-A office tower, 1850 Gateway is now 100% occupied following a string of recent signings, with Apixio set to take over a full floor in a long-term lease.