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Panelists during the transaction talk panel at GlobeSt. APARTMENTS talk about deploying money in the best way, challenges to address and picking the right spots and create value in multifamily assets.
"With cap rates increasing ever so slightly for tenants such as AutoZone, O'Reilly's and Advance Auto, investors will be able to acquire investment grade credit at higher yields."
Mike McCarthy, Brian McCarthy and Madeline Meyersieck join Transwestern's San Francisco office with approximately 3.5 million square feet of landlord leasing under their belts.
According to Avison Young, prices in Dallas increased the most out of the major industrial markets, up 20% to $85 per square foot, with New York/Northern New Jersey and Miami also recording increases.
Midtown is sandwiched between the two largest employment centers, downtown and the Medical Center, and is the third most densely populated square mile and one of the fastest-growing areas.