Retail rents are rising in favored markets, but overall, vacancy is up and it may lead to a stalemate between buyers and sellers, according to NAI Capital's Fariba Kavian.

The transportation system is an issue long term, but there is still unstoppable investor demand for developments throughout the OC region, CBRE's Kurt Strasmann tells GlobeSt.com in this RealShare Orange County preview story.

"I do think that some of these (NY suburban) cities are not dead, but you have to provide the amenities. Talent is not going to be there if you don't have great amenities for them and within that area great reasons for families to be there—great schools, fair taxes and reasonably priced real estate."

Capital continues to be available for well-located shopping centers with high-performing, national credit tenants, and confirms that brick and mortar retail remains a driving force for investors, says JLL.