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IRVINE, CA—Cap rates for this property type are decreasing significantly, reflective of its real estate fundamentals and award-winning, redeveloped design, HIG's Jeff Lefko tells GlobeSt.com in this <b>EXCLUSIVE</b> look at the Starbucks phenomenon.
WALNUT CREEK, CA—Overall vacancy in downtown rose from 4.8% to 5.1% during fourth quarter, continuing to reach its highest level in five years, while the third quarter's positive net absorption was largely the result of the 132,623 square feet in new inventory unveiling at Broadway Plaza.