Warehouse Leases More Profitable Than Retail
In the property management business, industrial real estate is the most reliable and profitable in the San Fernando Valley.
On the investment side, there's been a big demand for industrial properties. The demand for leasing is higher in the industrial world. The robust leasing of warehouses is "supply and demand"
Industrial is very strong and picking up the strength retail used to have. Retail is less favored; industrial has higher occupancy and higher rental rates.
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