Investors Bid Up Office-Space Prices

Article by Sheila Muto Via RealEstate Journal:

Foreign and institutional investors are bidding up prices for office properties in the nation's biggest markets, paying more than private investors and real-estate investment trusts are willing to offer, a real-estate research firm says.

Los Angeles, New York, San Francisco and Washington, D.C., are among the areas where foreign and institutional investors have been the most active in the past year. Competition for office properties has been fierce in those markets among all investors because of strong or improving leasing activity and rising rental rates.

Full article >

For information about investment sales, contact Pacific Security Capital at 1-800-844-6085.