South Bay Realestate News – Niche Targets Spread the

November 1st, 2011 04:00am

Niche Targets Spread the Playing Field in Single-Tenant Arena
As the feeding frenzy developed in single tenant property sales over the past four months and competition for deals heated up, investors invariably began hunting for twists and niches in search of a better deal.In this report, we present the investment strategies shared by several active single-tenant investors, and how they the expect the market to change going forward.Tim Marshall, principal of TM 1031 Exchange Inc. in Santa Monica, CA…
Mark Heschmeyer

First Community Housing Buys .99 Acres in San Jose
First Community Housing acquired 0.99 acres of development land in San Jose, CA, where it plans to construct a new multifamily building with street-level retail and office space.Bogomilsky Engineering & Construction sold the vacant land for $2.61 million, or about $61 per square foot. The parcel is located at 1030 Leigh Ave. Details about the proposed multifamily building were not disclosed.The seller was represented in-house.Please…
Kate Retzinger

Entry Filed under: south-bay-real-estate-news