WEEKLEE NEWS
IN REVIEW


OUR TOP FIVE LOCAL AND NATIONAL NEWS STORIES

AMAZON AND THE STATE OF INDUSTRIAL REAL ESTATE

Lee & Associates


Since 2013, the rise of e-commerce has caused such an enormous boom in industrial real estate that it has become the preferred asset class of many commercial real estate investors. At the heart of the e-commerce revolution has been Amazon. Even before the pandemic, the firm had around 192 million square feet of warehouse, data center, and distribution space across the U.S. and Canada.

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HOW CHULA VISTA'S THIR AVENUE BECAME ONE OF THE FASTEST-GROWING DINING AND DRINKING DISTRICTS IN SAN DIEGO COUNTY

San Diego Union Tribune



In the early 2000s, city officials began crafting an Urban Specific Core Plan to revitalize and beautify the downtown and attract new businesses that would draw more foot traffic.  Meanwhile, the post-World War II generation of downtown-area homeowners retired and sold their homes or passed their properties on to family members, and this growing younger population were hungry for more hometown entertainment.

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IS A RECESSION ON THE HORIZON? AN ECONOMIST WEIGHS IN

Bisnow


A Moody’s Analytics commercial real estate report found that as of Q2 2022, there is a 40% chance that a recession could happen within the next year, up by 7 percentage points since the end of Q1 2022.

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TRUCK TERMINALS MOVE INTO FAST LANE OF INDUSTRIAL REAL ESTATE INVESTMENT

Costar


While the commercial real estate industry has been focused on ever-larger industrial warehouses, the low-profile truck terminal has been picking up speed in drawing investors across the country.

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STATE SUPPORTS SAN DIEGO'S PICK FOR SPORTS ARENA SITE

San Diego Union Tribune


The state of California supports San Diego Mayor Todd Gloria and his real estate personnel’s preference to pick Midway Rising to remake the city’s sports arena property in the Midway District.

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ABOUT LEE & ASSOCIATES

At Lee & Associates, our reach is international but our expertise is local market implementation. With offices across the nation and Vancouver, Canada, Lee & Associates is one of the largest and fastest growing commercial real estate organizations in North America. 


Founded in 1979, our experience and expertise offers extensive local market knowledge, seasoned agents, industry leading technology, and a commitment to achieving our clients long-term real estate goals and successes. Lee & Associates understands real estate and accountability, and provides an integrated approach to leasing, operational efficiencies, capital markets, property management, valuation, disposition, development, research, and consulting.


Commercial Real Estate Questions? 

Please Contact:


Steve Malley

smalley@lee-associates.com

858.453.9990

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