Today, we sit down with David Karol, Principal at Ridge Capital Investors and Dick Scott, Divisional Vice President of PS Business Parks. Dave is a chapter president of NAIOP San Francisco and Dick leads NAIOP Silicon Valley. Today, we speak with them as representatives of their local NAIOP chapters, where we discuss the impact of California Senate Bill 939 and its intended and unintended consequences on the commercial real estate market throughout the region. Here are their thoughts!
(EDITOR’S NOTE: According to public records, the property was sold for $23.628 million, or about $200,237 per unit.) SEATTLE -- Security Properties has teamed with...