Los Angeles Retail Capitalization Rates 2011

Los Angeles Retail Capitalization Rates 2011 : The Los Angeles retail sector has long been a favorite among investors, given its typically strong demographics—a growing population, expanding employment sector, increasing number of households, and a high and rising average income level. In fact, Moody’s Economy.com reports that even during the recent recession, growth has persisted in all these areas with the exception of employment, which has languished. Testament to investors’ ongoing fascination with the market is evidenced by the recent retail center transaction as reported by Globe St.com in the article, 87,000 SF Retail Center Commands Sub-6% Cap Rate, touting the $40 million sale of the Northpark Village Square grocery-anchored retail center located in Santa Clarita, Calif. For the latest updates PRESS CTR + D or visit Stock Market news Today

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