USER MARKET SHOWS SIGNS OF NORMALIZING

USER MARKET SHOWS SIGNS OF NORMALIZING

The biggest surprise this year is how many buildings have been bought up at fairly high prices. We are not out of the doldrums, but there is a scarcity of property for sale. Many buildings that have been sitting around for years are now subject to competitive bidding. Brokers are out looking for “off-market” deals – not for speculative investors, but for Users. While pricing is not at the highest levels, they are in a lofty range and somewhat removed from an otherwise weak leasing market.
Continue reading “USER MARKET SHOWS SIGNS OF NORMALIZING”

Winter 2011 – Positives, Negatives, Quality and Change

Winter 2011 – Positives, Negatives, Quality and Change

A few years into the Los Angeles commercial real estate recession and some things are clear.  Good deals are limited. Distress never hit the street. There’s an evident turn around but most people aren’t recovered. And the smart money is still cautious – for instance, no vacancy risk. 

Continue reading “Winter 2011 – Positives, Negatives, Quality and Change”