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“Universally, there is a serious lack of new product in the market,” says NAI James E. Hanson's Kenneth D. Lundberg. Listen to our exclusive audio interview with Lundberg about industrial sites in Northern Bergen County.
A possible softening in both multifamily and office sectors has gotten more investors and lenders interested in the higher yields possible with industrial properties.
Buying self-storage properties with a significant in-place income and a poor implementation of management strategy is by far the most favorable on a risk-adjusted basis, according to Hunter Thompson of Cash Flow Connections.
As the year winds to a close, it ends with significant activity in Silicon Valley and GlobeSt.com has learned of several significant recent transactions that are contributing to the ongoing stimulus underway there.
Proposals included preserving and improving the state's incentive programs, standardizing local land-use procedures, creating sites for industrial projects, and expanding successful efforts to streamline environmental regulations.
Gregg von Thaden is principal and managing director of the Avison Young Silicon Valley office, and recently discussed the strategy for growth, real estate opportunities and the office goals in this <b>EXCLUSIVE</b>.
With nearly 20 million square feet delivered this year, this won't be an over-supply if 2015 is any indication; nearly 20 million square feet of new space arrived that year and almost all has been absorbed.