Excerpt from article: The Unified Port of San Diego has no shortage of companies looking to be part of what eventually replaces the iconic Seaport Village, on a portion of the downtown San Diego waterfront that spans 70 acres “This is one of those development opportunities that only comes around every 50 or 60 years,” […]
Strong Outlook Seen for California Commercial Real Estate Through 2018
Excerpt from article: Despite higher interest rates and slower economic growth, confidence on the part of developers indicates a positive outlook for commercial real estate growth through 2018, according to a survey released Tuesday by UCLA economists. The favorable outlook is supported by job and income growth on the demand side and a lack of sufficient […]
Creating Surreal Spaces for Makers, Innovators and Entrepreneurs
Excerpt from article: San Diego is on the water like three of the four other major West Coast cities (Seattle, San Francisco, Portland and LA), but Downtown SD is very different. San Diego is well-located and moving in the right direction compared to these other cities, he said, including efforts to put its stadium Downtown […]
Building Owners Enjoyed 2015 Property NOI Growth at Highest Levels Since 2007
Excerpt from article: According to early analysis of securitized loan results through February of 2016, the commercial properties backing the loans posted strong net operating income (NOI) growth, increasing 3.8% on average in 2015. Average NOI for commercial property backing CMBS loans showed a big jump in 2015, compared with 2.66% in 2014 and 2.64% […]
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