Capital markets were active in 2018 as several opportunities in the market drew significant attention from institutional buyers. Velocity is expected to persist in early 2019 as a number of high profile projects are in various stages of the marketing and offering process.
Infill opportunities for flex and distribution users continued to be scarce.
Opportunity zones are a hot topic in today’s commercial real estate conversations. Opportunity zones are areas designated by the federal government in which investments made by individuals through special funds would be allowed to defer or eliminate federal taxes on capital gains.