When Sean Giffin needs a sounding board while working on a leasing deal or help with specific lease language, he calls friends in the commercial real estate industry whom he has gotten to know through an organization called NAIOP.
The Urban Land Institute San Diego/Tijuana District Council serves members on both sides of the border, representing a spectrum of land use and real estate development disciplines in private enterprise and public service.
BOMA San Diego has plenty of issues on its radar as 2012 begins. There are a number of attacks being proposed by various parties on the commercial real estate community, including one or more split roll property tax initiatives, mandatory labor hiring measures, and a linkage fee increase to pay for affordable housing. BOMA will also pay close attention to elections at every level of government, including the 2012 mayoral race, which promises to be one of the most exciting in years.
In 2011, office, industrial and retail demand continued to improve as nearly 2.3 million square feet of positive net absorption occurred. Vacancy rates continued to decline and rental rates stabilized by year-end.
Having been insulated from the overbuilding experienced in other markets such as Phoenix, AZ. and Las Vegas, NV., the San Diego retail property market has rebounded more quickly and activity continues to grow.
WASHINGTON — The nation's five largest mortgage lenders have agreed to overhaul their industry after deceptive foreclosure practices drove homeowners out of their homes, government officials said Monday.
San Diego’s commercial real estate investment activity and leasing market fundamentals are anticipated to improve in 2012, but the extent of the improvements will depend heavily on regional and national employment growth. San Diego has been adding jobs for 17 consecutive months as measured by a 12-month net change in jobs, while the nation has been adding jobs for 16 consecutive months and the forecast is promising. Capital market conditions are expected to be more favorable than last year and the availability of debt from multiple sources with improving terms is expected to increase, assuming there are no additional shocks to the U.S. and global financial markets.
Holliday Fenoglio Fowler, L.P. (HFF) operates out of 20 offices nationwide and is a leading provider of commercial real estate and capital markets services to the U.S. commercial real estate industry. HFF offers clients a fully integrated national capital markets platform, including seven specific business lines:
Voit Real Estate Services’ San Diego office has named its top five brokers of 2011, who together completed nearly 200 sales and lease transactions throughout the past year. Mark Caston, Randy LaChance, Tracy Clark, Arthur Bleier and Tony O’Neill, all of Voit’s San Diego office, have been awarded the distinction of being named Voit’s top producers in the market.