For the past five years, industrial tenants have enjoyed a dominant position in Southern California because space was plentiful and landlords were eager to keep their buildings full. Those days are coming to an end as occupancy rates edge higher and landlords push rents.
Brokerage firm clients today want only one thing: more. They want more services, more expertise and more collaboration in more places. And they want all these things for less: less time, less money and less fuss.
To generate additional yield, some net lease ivnestors are straying from vanilla single-tenant office, retail and industrial deals and exploring government assets as a potentially lucrative investment opportunity.
There has been $30.3 billion in new CMBS issuance to date in 2013, according to Commercial Mortgage Alert. That puts the industry on pace to smash last year’s volume of $48.4 billion and will make 2013 the busiest year for CMBS issuance since 2007. Where do you think total CMBS issuance volume will end up in 2013?