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During the last decade, the biggest difference for Oakland is institutional ownership gaining interest in new construction within the city, says Stephen Jackson, first vice president with Marcus & Millichap.
In addition to its diverse project mix, Encore contributes its success to a collaborative culture driven by employee ownership, with more than half of the firm's staff also serving as company shareholders.
Strada Investment Group and the California State Teachers' Retirement System have entered into a new programmatic joint venture with a CalSTRS-approved initial allocation of $300 million of equity capital.
The NJ Opportunity Zone Marketplace is an online portal to connect investors across the country with projects in New Jersey's 75 Opportunity Zone municipalities.
This arrival of more Millennials will allow market conditions to mirror last year, when vacancy adjusted minimally, and SWBC Real Estate's the Royalton at Craig Ranch hopes to capture some of that demand.
CBRE forecasts the national flexible office space will expand to approximately 13% of office space by 2030, reaching up to 600 million square feet. Even in a low-growth scenario, CBRE sees flexible office space claiming up to 6.5% of the market by 2030.