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Commercial Real Estate

Big Sale In Orange County Commercial Real Estate

The world of commercial real estate in Orange County is always exciting. Because it is such a hot market in which virtually every business would like to have a presence, and because there is almost no land available anymore, and properties that do come up are snapped up very quickly. Just recently, four multifamily properties were sold across Orange County and San Diego County by Marcus & Millichap.

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Commercial Real Estate

Residents Of Cypress Vote To Redevelop 150-Acre Los Alamitos Race Course For Mixed Use

California Chrome will soon have to change home because the Cypress Los Alamitos Race Course will soon be redeveloped. This was agreed upon at the most recent Primary Election.

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Commercial Real Estate

Orange And Los Angeles County Commercial Real Estate Market Remains Bullish

In line with the new tax reform by President Donald Trump, continued job growth, and a good GDP (gross domestic product), it seems that the commercial real estate (CRE) market in both Orange and Los Angeles County will continue to be bullish. This is also according to the latest biannual Forecast Commercial Real Estate Survey by Allen Matkins/UCLA Anderson.

The tax bill is expected to increase the rate of return on commercial real estate and makes investment more attractive. Survey participants predict it will cause moderate though uneven growth.

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Commercial Real Estate

Shopping By 2030 – A Futuristic View Of Retail Properties

Shopping, especially clothes shopping, is something that has been done in the same way for a very long time. You pick something from the rails, try it on in the changing rooms, find it is too small, have to get dressed again, hunt for a larger size, try it on again, and so on. The lights in the changing rooms are unflattering and make everything look terrible, and most of us leave feeling horrible and without that must have item we came for. But this could soon all change.

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Commercial Real Estate

Two Orange County Real Estate Managers Placed On Watch In Line With Pacing

A new preliminary plan for real estate investment has been set by the Orange County Employees Retirement System (OCERS), based in Santa Ana. Essentially, they intend to make three commitments ranging from $125 million to $175 million, which will be to their core real estate portfolio. In addition, they intend to make a four more commitments ranging from $75 million to $125 million for their non-core investments. This will be for the 2019 fiscal year. OCERS is a $15.7 billion pension plan that is known for making lucrative investments.

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Commercial Real Estate

Rancho Cucamonga Sells Neighborhood Shopping Center For $9.8 Million

RC Plaza is a popular shopping center in Rancho Cucamongo, CA. It is found where East Foothill Boulevard and Archibald Avenue intersect. It has been announced that the shopping center has been sold for $9,795,000 recently. The purchasers have been revealed to be Voit Real Estate Services and the Hanley Investment Group Real Estate Advisors. The latter is a real estate advisory and brokerage firm that has won numerous awards over the years.

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Commercial Real Estate

Orange County Commercial And Residential Properties At Risk From Climate Change

The shoreline of California is changing and the sea level is rising as a result of climate change. It is believed that this will result in many properties being at risk of flooding within the next three decades. This was revealed by a study completed by the Union of Concerned Scientists (UCS).

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Commercial Real Estate

Survey Demonstrates Recovery Of CRE Market Has Extended For Three Years Although Retail Industry Is Retrenching

According to the Allen Matkins UCLA Anderson forecast, the office building market in Orange County in particular is now very positive.

The sentiment for San Diego and Orange County markets has also rebounded from the June 2017 survey. In each of these markets this indicates future rental rates and vacancy rates will be better than they are today.

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Commercial Real Estate

2017 Was The Year Of Hotel Investments In Orange County And The Rest Of Southern California

It seems that 2017 was the year in which people started to invest in hotels across Southern California. This makes sense because it is a hugely popular tourist destination and visitors are happy to pay quite significant prices. So much so, in fact, that there are now some concerns about affordability for the average middle class Californian.

As the weather warms up, families across California are planning summertime visits to the beach. But overnight trips to the state’s famous coastline are becoming increasingly difficult for middle-class residents to enjoy because the price of admission is soaring.

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Commercial Real Estate

Commercial Tenants In Orange County Could Be Facing A 40% Rent Increase

Many businesses in Orange County choose to lease their building after weighing up the pros and cons of leasing vs buying. When people lease a property, they will need to pay a monthly amount to their landlord. There are times, however, where the monthly rent can increase, sometimes by as much as 40 percent!

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