...Despite the drop in sales and leasing activity, the desirability of space within the Los Angeles industrial market resulted in the completion of several significant deals in third-quarter 2008, according to the 2008 Office & Industrial Market Report produced by the Casden Forecast...
..."These transactions demonstrate the viability of investment activity in the uniquely positioned Los Angeles market, even in the face of an economic recession," the report stated. "Despite the credit crunch, buyers with solid financing and access to capital are finding unique investment opportunities in the Los Angeles industrial market."...