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A rare retail automotive asset in San Diego's South Bay trades hands with a 176% return, proving that retail meeting specific characteristics will endure.
Right now investors are watching events closely but taking a wait-and-see attitude, says Colliers' Pete Quinn. Meanwhile the technology for the facilities themselves is rapidly advancing.
The lack of quality apartment land sites in the Hurst/Euless/Bedford submarket, coupled with tenant demand to live in a centralized DFW location, creates acquisition and redevelopment opportunities.
Most major Texas MSAs continue to record net population growth and job growth, which help to drive good storage returns, making the Texas self-storage market a good long-term bet.
GGP is likely to be the first of many shopping center and mall owners that are dismantled as fewer mega players drive the restructuring and pruning of the sector
GlobeSt.com <b>EXCLUSIVELY</b> chats with Richard Freeark about his new role at C.W. Driver Cos., and about some of the most important issues facing California builders currently, especially in San Diego.