(RealShareOrange County convenes at the Hyatt Regency,Irvine, August 16.)

ORANGE COUNTY, CA-““While the effects of the recession have beenfelt more in the secondary industrial markets, Orange County is aprimary market and hence pricing has been very strong.” So saysRick Putnam, managing director of the westernregion of Colliers International’s capital marketsgroup based in Irvine, CA. Putnam will serve as a panelist in asession titled; “Local Leaders: Who is Buying, Selling andFinancing Orange County” at RealShare Orange County, which will convene atthe Hyatt Regency, Irvine on August 16.

According to Putnam, “Even here, though, there is a bifurcationin pricing between the ‘A’ and ‘B’ assets, with the largerinvestors focused on newer product with high credit tenancies.”Properties with smaller suite sizes, less occupancy, and lessercredit, he says, see higher cap rates and tougher financing terms.“Even so, Orange County remains a favored institutional investmentmarket due to its diverse economy.”

Continue Reading for Free

Register and gain access to:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Natalie Dolce

Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.