Craig Killman was recently featured in GlobeSt.com weighing in on some of the reasons why Southern California is a monumental and cutthroat retail real estate market. Craig explains that when the recession hit and the single-family housing market fell apart, so-cal residents found themselves renting in high performing coastal communities that allowed them to live, work, play and shop. With the population moving toward the coast, E-commerce retailers struggle with the demand of offering same-day or next-day delivery services.
“It’s hard to offer that kind of model if you’re not in close proximity to the population, so we’re seeing Industrial development surge inland from the major coastal cities.” Craig Killman
LinkedIn post: JLL’s Craig Killman was featured on GlobeSt.com where he weighed in on the competitive southern california real estate market: http://bit.ly/1j1n9xF