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“Buyers cannot offer low cap rates because of rising interest rates, and sellers cite the strong economic climate as a reason for high prices,” the National Association of Realtors' Lawrence Yun said Friday.
The Lucid software enables sustainability, finance, operations and energy management teams to communicate and collaborate on building operations and KPIs.
In this exclusive commentary, Josh Lipton and Andrew Levine argue that simplifying the SRO rules and maximizing tenant occupancy should be a top priority.
There are few opportunities for quality single-tenant retail assets left in Los Angeles, and some investors are heading to other markets in search for yield.
The developer is planning a class-A, 172,000-square-foot office and retail building on the block at Kettner Blvd. and Hawthorn St. in Little Italy—the first new office building developed in this neighborhood in over 20 years.