Despite a remarkable surge in leasing activity during the second quarter, Orange County’s local office market finds itself in a consolidation phase, reflected by the current record-breaking levels of availability. According to a premier tenant brokerage firm, a total of 1.5 million square feet of office space in OC was leased during Q2, indicating a substantial 39% increase compared to …
Navigating the ever-shifting landscape of commercial real estate demands innovative strategies. In today’s environment of rising interest rates, a powerful tool has emerged – the sale-leaseback transaction. This approach offers a dual benefit to property owners and investors alike. As interest rates climb, sale-leaseback transactions provide property owners a way to unlock hidden value within their assets. This financial tactic …
Prologis, a renowned industrial powerhouse, is set to make a substantial portfolio expansion through a transformative $3.1 billion cash deal with Blackstone, a prominent player in the industry. This strategic move aligns with Prologis’s growth objectives, as highlighted by President Dan Letter in an official press release. The acquisition, first reported by The Wall Street Journal, underscores Prologis’s commitment to …
Interest rates play a pivotal role in shaping the dynamics of the real estate market, including the commercial sector. Fluctuations in interest rates can have far-reaching consequences for various types of commercial real estate properties. Understanding the impact of interest rates on this sector is essential for investors, developers, and businesses. In this article, we will explore how changes in …
When it comes to real estate investing, there is one metric that holds paramount importance: the capitalization rate, widely known as the “cap rate.”
Orange County is currently undergoing a significant transformation, characterized by a seismic shift between its thriving industrial sector and a struggling office market.
I met with Rob 2 years ago to discuss opportunities to purchase free standing industrial buildings located within the Saddleback Valley. The availability of this type of product is very limited and highly sought after by investors. Rob’s vast network of clients and knowledge of the local real estate market presented an opportunity. He called on a Wednesday to inform …
Louis was a terrific help providing us with a number of properties that fit our needs. We were able to work though a number of issues during the acquisition process. Louis was timely in calling back and following up, even though we had numerous issues in our case, that needed to be worked thought. I would recommend Louis Johnston and …
I have known Rob Johnston since the early 90’s . With his guidance, I have moved my company into larger facilities 3 times as we out grew them. Rob was responsible for putting me in touch with an investment group from which I purchased a building prior to it being built in Pacific Commerce Center, Lake Forest. I eventually sold …
If you hire Rob and his team at Johnston Pacific as your broker, you can be sure that they will tirelessly look, like for the needle in the hay stack, until they find you the right buyer and the perfect building for you and your business. I highly recommend them and their services for all your commercial real estate needs!
