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Expect industrial capital to focus on repositioning class-B and –C deals this year in top tier West Coast markets, according to NKF's newest industrial star.
In this exclusive, Greg Fuller, president/COO at Granite Properties and NAIOP 2019 chairman, recently discussed some of the trends coming into play this year, office demand predictions and CRE challenges.
The port's long-term goal of moving 50% of cargo by rail is inching closer with several new rail expansion projects in place and a $1 billion commitment from the Harbor Commission.
DDC's capital commitments have more than doubled in the last 10 years as its responsibilities have grown, to more than $2 billion in Fiscal Year 2018, according to city officials.
With the purchase now finalized, SST II has added 29 self-storage facilities to its portfolio and obtained the right to acquire one other self-storage facility currently under contract.
The property offers a superior location, stable tenancy, and an opportunity to improve functionality in the future, says Jared Newman, vice president of acquisitions at Endurance.
In his statement, County Executive Latimer described the planned meeting with Con Edison as more of a fact-finding session to learn the reasons behind the imposition of the natural gas connection moratorium.
For the first time in its history, the Port of Long Beach surpassed 8 million TEUs in cargo volumes, Mario Cordero announced at the annual State of the Port address.