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The major real estate owner has launched the Homelessness Challenge offering a financial reward for scalable solutions to combat homelessness in Los Angeles.
“The I-287 corridor office submarket is recognized as one of the most improved office submarkets in the state due to the tightening availability rate, inflation of rents and the ongoing repurposing of office buildings for alternative uses in Piscataway,” says Colliers' Jacklene Chesler.
There is a very limited inventory of institutional product in Los Angeles, but that hasn't stopped institutional capital from gaining a foothold in the market.