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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.
Former owner, Haysha Deitsch, had been sued, accused of driving the tenants from a senior assisted-living facility to sell the property for conversion to luxury apartments.
The new mixed-use community at 988 El Camino Real will serve as the gateway to the El Camino Real/Chestnut area and is across from the future site of the Community Civic Campus.
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.
The delinquency rate has been on a downward -- and uninterrupted -- trajectory for eight consecutive months thanks to a modest resolution volume and minimal new delinquencies, according to Fitch Ratings.
According to sale broker CBRE, the 634,000-square-foot Trinity Towers is one of North Dallas' best investment opportunities; home to diverse institutional-quality tenants such as Southwest Airlines.
Investors are seeking attractive fundamentals and solid value-add opportunities in well-located submarkets; a recent example is the acquisition of the 141,480-square-foot One Northwind Plaza.
With the Hollywood Stadium project and LAX nearby and a wealth of new office projects filling up, El Segundo is starting to attract more hotel developments.