Orange County

Drastically shifting markets come with added risks, even when the mood is bullish; however, affordable housing has no such problems as an asset class, CPP's Anand Kannan tells GlobeSt.com.

More open blocks of land that were finally being developed in a less-dense environment is one reason, CBRE's Garrett Ellis and Carter Haslam tell GlobeSt.com. We speak to them about whether this is expected to continue.

Even with rising interest rates, there is still room for cap-rate compression driven by projected NOI growth at the property level and the appetite for institutional investors to increase their allocation to industrial, Bixby's Aaron Hill tells GlobeSt.com.

GlobeSt.com speaks with JLL executives in L.A., Orange County and San Diego to discuss the drivers behind CRE construction in their respective markets and the micro and macro factors influencing this sector.

Certain markets have not been able to generate the job growth and leasing to work off the high vacancies left by the Great Recession, and other markets that enjoyed stronger fundamentals are now contending with increased supply, Ten-X's Peter Muoio tells GlobeSt.com.

The industrial sector is often tied to growth in GDP, and because we are in a period of stable economic expansion, industrial GDP growth reflects this consistent overall growth, JLL's Louis Tomaselli tells GlobeSt.com.