News

For landlords and owner-users there was plenty to cheer about in 2015. For tenants, the squeeze is on as 2015 capped a three-year run of solid demand for industrial space, driving vacancies to lows not seen in more than a generation and triggering hefty increases in rental rates. More than 2.3 million sq. ft. of…

Touted as the “Twentieth Century Emancipation Proclamation for all persons with disabilities,” the Americans with Disabilities Act (ADA) is targeted at ensuring that persons with disabilities may participate in society absent restrictions. The ADA was passed in 1990 with the noble intention of eradicating, or at least minimizing, discrimination based on disabilities. The ADA is…

By Scott Lovell, Cushman & Wakefield | Commerce in Salt Lake City PORT AUTHORITY The Panama Canal is a 48-mile-long waterway that traverses the country of Panama, linking the Atlantic and Pacific oceans. The canal shaves off about 8,000 miles of travel around the tip of South America, significantly saving time and fuel for shipping…

By Jack Haley, Principal, Lee & Associates in Orange The Southern California Leading Economic Indicator is continuing its upward trend. It has been on the incline for more than four years since the last decrease in 2009. This suggests a rise in economic activity over the next six months that will continue the solid fundamentals…

CALIFORNIA CRE TRENDS COVERAGE Investors, lenders see golden opportunities in California’s commercial real estate market Investors have enthusiastically returned to California’s commercial real estate market, with lenders right behind them. That message came through loud and clear during the California Commercial Real Estate Trends conference, hosted by France Media’s InterFace Conference Group on Tuesday, Sept….

Demand for Orange County office space jumped again sharply for the second straight quarter, outpacing recent averages and adding renewed momentum to a market contending with uneven growth in key office jobs. Nearly 524,000 sq. ft. of space came off the market in the third quarter. Most of the absorption was in Class A space…

Orange County’s industrial vacancy rate fell to 3.95% at the end of the third quarter – its lowest since late 2007. Quality buildings available for lease are becoming ever scarcer as regional and national economies improve, which puts upward pressure on lease rates. Mindful that property values have yet to fully recover from the recession,…

The current state of the industrial property market in the US is positive overall. Gross and Net Absorption have been trending up for more than two years in primary and secondary markets across the country. Vacancy has decreased accordingly, falling to 7.8% by the end of the 2nd Quarter of 2014, compared to 9.4% in…

By Dan Vittone, Principal, Avison Young in Irvine It should come as no surprise at this point that Orange County is on course with a robust economic recovery. Furthermore, there are favorable indicators for a steady increase in value over the next few years. Even though industrial product is limited in the county, development is…

By Stephen J. Duffy, Managing Director, Moss Adams Capital LLC “The shift from operator to investor can be quite fulfilling and enjoyable if the transition is sound and the timing right,” says Duffy. IRVINE, CA – Do you know any retired real estate principals? Really? Does anyone believe that a real estate principal ceases to…