Industrial

While the county and Standard Amusements have been in negotiations regarding a number of contractual issues identified by the Latimer Administration last year, the two sides now appear to be on a clear path to settle the dispute in a courtroom.

While HUD estimates that opportunity zones could spur as much as $100 billion a year in investments, evidence suggests this is far from being realized, so new rules seek to clear up the confusion that was holding investors back.

JAKO leased the property to accommodate expansion. Since opening its first location in Philadelphia, the firm has expanded to more than 50 locations on the east coast.

The Southern California region was the top market for foreign investment last year, accounting 6.3% of total foreign investment in the US.

“This infill market's high barriers to entry and tight supply dynamics combined with the property's connectivity to downtown and the broader region make it highly desirable for regional tenants," says Brodie Ruland of ASB.

Ecommerce continues to drive leasing activity in Phoenix, but 2019 may not top the record volumes in 2018.

One of Procida's earliest investors was Abdul Qayum, the grandfather of Omar Khan, left, who has just joined the Procida firm. The two are holding Qayum's original brochure, which Procida still keeps in his office.

Industrial properties show continued strong demand as the 1.4 million square feet of space in the portfolio is 100% leased.