Globest Sectors

Like much of California, San Diego's fourth-quarter sales activity cools down after a strong Q3, and Yardi-Matrix's Doug Ressler tells GlobeSt.com that sales will continue to erode from the highs of 2016.

L.A. office activity was healthy through 2017, but at the end of the year and though January, activity began to slow. Is this the trend of 2018?

Originally developed in 1920, Emeryville Public Market underwent renovations in 1988 and 2017, and will consist of 167,770 square feet that is anchored by a gourmet food hall and national/regional tenants.

And on development projects that have failed to meet their pro formas, that's exactly what we're seeing, says veteran real estate attorney Y. David Scharf.

After a change in ownership in 2014, 400 Record has undergone extensive remodeling led by global design firm Gensler and Lincoln Property Company has assumed property management of the asset.

Lyric Market is a 31,500-square-foot food-hall concept and 801-space parking garage opening in fall of 2018, and is expected to serve as a community-centric gathering place and ultimate foodie destination.

Second Development Services and the Richport Group are proceeding with constructing the mixed-use NoHo condo development.

Even as the role of retail pharmacy stores is changing, the physical buildings and land continue to be worthwhile investments, with a steady rate of return.