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Most reports peg total investment sales in this category to be in the $8-billion to $9-billion range, which would make 2017 the second-largest volume in industry history, behind the $10-billion-plus in 2016, Pierce's Fred Pierce tells GlobeSt.com.
Glenn Martin, who has joined The Heritage Group as portfolio manager to oversee the San Diego market, says industrial and biotech are in high demand while retail assets are seeing some challenges.
The SoCal chapter's recent trip to Washington DC included meeting with elected officials to discuss priority issues for the commercial real estate industry in California, with creating an effective goods movement system topping the list.
Chesnut Properties' Millennia Office is a three campus 1.4 million-square-foot development in the San Diego, and the only project of its kind in the market.
While this is a shrinking trend, players with mature brick-and-mortar and e-commerce platforms are remaining and thriving in the market, CBRE's Reg Kobzi tells GlobeSt.com.
A good location with income stream from a solid urban tenant is a priority for players ranging from institutional buyers to private-capital funds, Colliers' Bill Shrader tells GlobeSt.com.
With 2016 seeing massive office absorption, leaving little available space for lease in 2017, it only seems as if the sector paled in comparison to industrial and retail's robust numbers, CBRE's Matt Carlson tells GlobeSt.com.
Most equity providers are fairly optimistic about the residential-development sector for the next two to three years and can't really see beyond that, Presidio Capital Partners' Don Faye tells GlobeSt.com.
The need to place capital allocated for industrial in strong-credit-tenanted assets is driving demand for this product type in the San Diego market and across the country, Stos Partners principals tell GlobeSt.com.