Economy

Tech spending neared $70 million in Orange County in the first quarter, and the office market is positioned to gain from the activity.

“Hudson County is among the hottest development markets, especially for multifamily properties, in the Tri-State Area,” says Kislak's Scott Davidovic.

Los Angeles has the lowest industrial vacancy rate in Southern California at 2.2% and Ventura County is a close second.

The firm expects the rising economy will help housing demand outpace housing supply for the next several years.

Houston's multifamily market continued its positive momentum through first quarter 2018, and investors continue to purchase, given the demand for apartment investments amid shrinking supply.

With global expansion and trade on the rise, commercial real estate markets are thriving and cross-border investment activity is at near-peak levels.

Despite some slowed leasing activity this quarter, leasing activity in the San Diego market is record levels following a phenomenal 4Q17.

The demand for amenities—everything from luxury dog spas to Internet-connected collaborative workspaces—is creating a real estate race among well-capitalized developers of next-generation apartment buildings.