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“In all candor, we see more opportunity in Asia for risk-adjusted returns than we do here,” says Philip Mintz with Apollo Global Management's US and Asia real estate equity business..
Real estate investors interested in owning stand-alone quick-service restaurants should focus on lease terms, location and tenant credit-worthiness. Investors should also understand trends driving fast-food success.
The Hudson Waterfront and Somerset/I-78 East Corridor weighed heavily on the market, and, as a result, the office sector overall registered its slowest first quarter in more than two decades.
Despite the Lunar New Year, the Port of Long Beach saw a 14% increase in cargo volumes in March, leading to the best performing first quarter in the port's history.
With 1.9 million square feet in the industrial pipeline—most of which will come to market this year—the North County market may see a dip in industrial rents.