Globest Sectors

Construction is expected to begin on the towering Times Square development in January 2019.

Third quarter 2018 marked the lowest downtown Walnut Creek vacancy rate in more than a year as it dropped to 4.5%, and veteran retail broker John Sechser makes a break for TRI Commercial amid growing development.

“This development not only adds high-end, new rental units in a neighborhood that has extremely high demand and very low supply, but it also adds appealing new retail tenant that serve the area,” says Jim Darrow, principal with Essex Realty Group.

Norriton Medical Center is located near the area's largest hospitals, Einstein Medical Center Montgomery (1.4 miles) and Suburban Community Hospital (0.8 miles).

A sub 5% industrial vacancy rate and rising land values have made this the time to enter the San Diego industrial market.

Certainly, there are risks when it comes to owning a net lease medical property and due diligence is essential but the future is bright for the sector.

Hunter plans to operate a full-service International/Navistar heavy- and medium-duty truck dealership and an Idealease heavy- and medium-duty truck leasing company at the location.

The 'Future Proof Your Buildings' seminar focused on keeping commercial properties viable, desirable and compliant.