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SAN DIEGO—Top-of-the-market rents in class-A buildings with all the amenities are great, but the market really needs good, solid workforce housing for affordable rents in most markets, CBRE's Kevin Mulhern tells GlobeSt.com <b>EXCLUSIVELY</b>.
SEATTLE—Vulcan's 12-story 317-804-square-foot building here has changed hands and one source says that the sale augments a recent trend, in Seattle especially, of new buyers entering this dynamic market.
CHICAGO—E-commerce has helped demand remain strong across all industrial product types, including large peripheral fulfillment centers and smaller close-in fulfillment centers, according to Cushman & Wakefield.
WASHINGTON, DC--The Bahrain-based Arcapita reports it has acquired a property in the area and back-of-the-envelope math suggests it traded for about $33 million.
CARLSBAD, CA—Carlsbad has been the most actively traded market in San Diego County, and it's seeing increased activity in the life-science/biotech/R&D sector despite nearby Torrey Pines Mesa and UTC, C&W's Aric Starck tells GlobeSt.com <b>EXCLUSIVELY</b>.
NEWPORT BEACH, CA—The public market is a bit more concerned about rising interest rates and what might be happening to fundamentals in gateway markets like New York and San Francisco, Green Street's Jim Sullivan tells GlobeSt.com <b>EXCLUSIVELY</b>.