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“Commercial property values have, for the most part, been steady, but performance depends on the type of property,” says Green Street Advisors' Peter Rothemund.
More open blocks of land that were finally being developed in a less-dense environment is one reason, CBRE's Garrett Ellis and Carter Haslam tell GlobeSt.com. We speak to them about whether this is expected to continue.
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.
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.