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OUR TOP FIVE LOCAL AND NATIONAL NEWS STORIES

INDUSTRIAL REAL ESTATE DEMAND STRONG HEADING TOWARD FINAL MONTHS OF TUMULTUOUS YEAR

Costar


The nation's industrial real estate market is headed toward the closing months of 2022 with strong demand overcoming uncertainty about the course of the global economy. Leasing of logistics, manufacturing and warehouse properties has been hitting records during the third quarter as businesses and investors also build and buy industrial properties at near-record levels.

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SANDAG ADVANCES PLAN FOR DEL MAR TRAIN TUNNEL. 'THIS IS A MOMENTOUS DAY'

San Diego Union Tribune



San Diego County’s regional planning agency accepted a $300 million state grant Friday to advance work needed to move the train tracks off the fragile Del Mar bluffs and to double-track

the route between the San Dieguito Lagoon and Sorrento Valley.

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DOMINO EFFECT: HOW A SHIFTING CULTURE OF WORK MAY IMPACT US CITIES

Moody's Analytics


Among a summer of difficult economic news – rising interest rates, historical inflation levels, whispers of recession – the debate over the future state of cities has continued. While population rates in major metros have much improved from their pandemic lows, the question remains: as office and working culture shift, what happens to the US’s cities?

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CONSUMER INFLATION DECLINES, OFFICE USE GETS POST-LABOR DAY BOOST, WHOLESALERS SEE SALES RISE

Costar


Annual consumer inflation dipped to 8.3% in August from 8.5% in July, but the government numbers released Tuesday initially displeased investors that were anticipating sharper declines in stubbornly high gas, food and other prices.

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MULTIFAMILY'S PRIME TARGET: AGING MILLENNIALS

Globe St.


A number of factors have contributed to making multifamily the hottest commercial real estate

asset in the U.S. over the past few years. A chronic lack of housing combined with steadily rising

rents and declining vacancy rates have more investors and developers targeting the sector.

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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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www.lee-associates.com/sandiego