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The disciplined approach by downtown office developers has paid off so far, with new trophy properties filling up quickly, and a few more could soon break ground.
“The submarket is experiencing a tremendous momentum as no remaining land sites and strong barriers to entry all but guarantee significant rent growth in the immediate future.”
The second Walgreens to trade in San Diego County in the last year represents buyers' appetite for single-tenant retail assets with long-term leases and national tenants in good areas, HIG's Kevin Fryman tells GlobeSt.com <b>EXCLUSIVELY</b>.
With the strong resident demand for affordable housing options and limited supply pipeline throughout this region, Sacramento is poised for long-term growth and investment potential in the years ahead.
Smith expects to develop new Inspīr developments in Midtown and on the Upper West Side. He notes that his firm will likely move forward on either one or both of those new developments within the next 18 to 24 months.