East Coast Vs. West Coast
For the last couple years the Los Angeles real estate market has been on fire setting new highs in sales volume. This trend has led Los Angeles to surpass Manhattan as the largest market for deal volume in the first half of 2017. Historically Manhattan has been the most active and largest commercial real estate market in the country, but LA's strong economy has brought in almost $13.0 Billion in direct investment in the first half. Nearby Orange County has been feeling the love as well as it saw $3.5 Billion in direct investment.
Los Angeles' strong fundamental and growing economy has been driving up demand for commercial real estate and prices have never been higher. Call today for an evaluation on your property today.
For more information on the Los Angeles market check out this link: