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Investment opportunities are abundant in the Inland Empire as more companies consider re-shoring previously offshored operations. The continued growth of e-commerce has also driven investment with a need for fulfillment infrastructure. The region has become a destination for many property types, driven by the strategic SoCal location for Industrial manufacturing and warehousing. How does the region compare to the rest of the United States? Is the current investment climate sustainable? Leading dealmakers and investors will discuss these questions, key 2014 case studies, and provide their forecast for 2015.
With the expansion of Highway 395, developers see opportunity for retail and industrial parcels roadside. Several large retail developments are underway, including the Mountain Grove at Citrus Plaza and Crossroads Shopping Center at Victorville. Amazon continues to build out its presence in the Inland Empire. Hear from local and national developers as they discuss what's currently in the development pipeline and their outlook for the near future.
Rising payrolls are sparking the creation of new households and greater spending in the Inland Empire, supporting recovery in multifamily and retail. Demand for office product is increasing to support the back-office needs of construction and logistics firms, and industrial vacancies and availability are decreasing, with gains in asking lease rates and higher occupancy costs. All roads lead to recovery in the Inland Empire. Hear from local leadership as they discuss the driving forces behind this recovery, California incentives in play, and their 2015 forecast.
With industrial real estate attracting an influx of investment, jobs and opportunities into the Inland Empire, the property type is leading regional recovery. The trend to re-shore operations and continual growth in e-commerce push this recovery. Industrial leadership will discuss the Inland Empire as an industrial center, the factors supporting the current market, and what opportunities Industrial holds for the future.
WASHINGTON, DC—The General Services Administration is set to roll out the third generation of its broker and leasing support services contract the GSA Leasing Support Services (GLS) program.
MANASSAS, VA— Comstock Homes of Washington, LC reports that it has begun the development of a new phase of its Falls Grove community here—The Estates at Falls Grove, a private enclave of 19 single-family detached homes.