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Experts at ALIS said that the government shutdown was “not insignificant,” estimating it produced a loss of hundreds of millions of dollars and impacted GDP growth.
The company had reported the sale of the 38 properties was valued at an aggregate purchase price of $385.0 million. The amended portfolio sale of 28 properties is now valued at approximately $282.5 million.
As Cody Cannon joins Colliers International Group Inc. as executive managing director/market leader in Greater Los Angeles, he reflects on what to watch this year, pointing out there is room to run before the market truly softens.
Expect industrial capital to focus on repositioning class-B and –C deals this year in top tier West Coast markets, according to NKF's newest industrial star.
The port's long-term goal of moving 50% of cargo by rail is inching closer with several new rail expansion projects in place and a $1 billion commitment from the Harbor Commission.
With the purchase now finalized, SST II has added 29 self-storage facilities to its portfolio and obtained the right to acquire one other self-storage facility currently under contract.