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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.
For the first time in its history, the Port of Long Beach surpassed 8 million TEUs in cargo volumes, Mario Cordero announced at the annual State of the Port address.
California is implementing several new employment laws tied to the #MeToo movement, and some will be of particular interest to real estate developers and contractors.