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SoCal Tenants Want Walkable Locations
November 4, 2013
Walkability isn't just for East Coast or San Francisco office properties. According to Stream Realty Partners' Mike Adams, SoCal tenants look for it, too. (Until there are flying skateboards, walking is the best way to get around.) He tells us that's one of the reasons the 177k SF Tustin Financial Plaza at 17772-17862 E 17th St in Tustin has gone from 45% to 95% occupied in three years--tenants are able to walk to banks, grocery stores, restaurants, coffee shops, and other places (the property has a Walk Score of 75, or "Very Walkable"). Recently LabCorp inked a lease for more than 21k SF at the property. Stream Realty repped the owner, Greenlaw Partners, in the deal.
