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“Given its public transportation infrastructure and high quality of life amenities New York City ranks as number one in this ranking with a score of 4.8,” the report states.
The new fund will target logistics assets across the Asia Pacific region with “a disciplined, cycle-aware investment and operations strategy,” says CBRE Global Investors' Richard Price.
E-commerce and logistics users such as Amazon continue to drive demand, and the saturation of some submarkets should not present much of an obstacle in 2018.
Players restraining themselves from being too aggressive and not overbuilding in the current economy will contribute to San Diego's staying power when the current cycle reaches its end, C&W's Derek Hulse tells GlobeSt.com.
The borrower's renovation, expansion and revitalization of the Trading Post Shopping Center has achieved more than 95% occupancy, now anchored by the likes of Sprouts, Ross, Union Bank and others.