CCIM.COM
November | December 2017 7
LA Tops Manhattan in
U.S. Investment Markets
"From the inception of Store Capital Corp.
[in 2011], a substantial majority of
our real estate investments have
been centered on tenants who
are involved in providing services.
This is fully intentional. Service providers that
require human interaction are less likely to
be disrupted by alternate modes of delivery."
— Christopher Volk, president and
CEO of Store Capital Corp.
* Berkshire Hathaway recently invested $377 million
in shares of common stock for Store Capital Corp.,
a net lease REIT.
Store Capital Corp.
Basks in Berkshire
Hathaway's Stock
Investment*
Source: Real Capital Analytics
Source: JLL Life Sciences Outlook
Chris
Stein/Getty
Images
Manhattan
Los Angeles
Dallas
Boston
Atlanta
H1 2017 Sales Volume
($ in billions)
Year-Over-Year
Change
$13.5
$10.5
$9.0
$8.5
$7.0
-11%
-55%
+19%
0%
+18%
Rank* 2017 Outlook Report
1
=
Greater Boston
2
=
San Francisco Bay Area
3
+
San Diego
4
-
Raleigh/Durham, N.C.
5
+
Philadelphia
6
=
Maryland Suburbs
7
-
Seattle/Bellevue, Wash.
8
+
New Jersey
9
-
Los Angeles/Orange County
10
*
Chicago Metro
2016 Outlook Report
Greater Boston
San Francisco Bay Area
Raleigh/Durham, N.C.
San Diego
Seattle/Bellevue, Wash.
Maryland Suburbs
Philadelphia
Los Angeles/Orange County
Westchester County, N.Y.
New Jersey
Top 10 Rankings for Life Sciences Destinations
= Same ranking as in 2016
+ Moved up in rankings since 2016
- Moved down in rankings since 2016
*
Not listed in top 10 for 2016