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Rob Guthrie Guthrie: “We’re seeing a trend were more of our buyers are coming in with non-SBA financing. We’re also seeing a surge in investment buyers who are buying these units as leased investments.”

NEWPORT BEACH, CA—The entrepreneurial spirit is alive and well in Southern California, leading to a swell of demand for office and industrial condos in the region, Guthrie Development’s CEO and founder Rob Guthrie tells GlobeSt.com. As we recently reported exclusively, Guthrie Development has sold the last of 25 industrial-condominium units at its Foothill Business Park and has completed the repositioning and entitlement for Brea Central Business Center, along with its first unit sale. We met with Guthrie for another exclusive interview on the economic factors that have led to the rise of industrial condos as well as office condos in Orange County and where he sees this trend leading.

GlobeSt.com: What economic factors have led to the rise of industrial condos in Orange County?

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Carrie Rossenfeld

Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.

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