Panelists at the CCIM Institute Global Meeting and Conference say there isn't enough young professionals in the bottom of the pipeline in this industry and education in the early years is key.

The investor sells an office asset in Brea, California, for $376 per square foot to Crowne Pointe Equity.

The deal includes a partial lease-back of 40,000 square feet to the current tenant and seller affiliate KCP Holdco, Inc. for its headquarters.

Jeff Rinkov of Lee & Associates says next year will be expansive in more ways than one. Spoiler alert: Watch the coasts.