Volume 66 • Number 10 • 831st Issue • December 2011
FEATURES
20 Real Estate Southern California
Formula for Recovery
Biomed and biotech lead the industries that
have pulled San Diego into recovery
By Natalie Dolce
26 Top Brokerage Houses:
Southern California
56 Year-End Outlook
More Turbulence,
Gradual Clearing
Analysts expect more forward momentum
in 2012, albeit slow and steady
By John Jordan
37 California Economic
Development Guide
58 Forum’s 10 to Know
Companies to Watch in 2012
46
On the Cover
From left: William E. Hughes, John J. Kerin, Hessam
Nadji, George M. Marcus, William A. Millichap and
Gene A. Berman
46 Cover Story
‘Basics’ Instinct
On the firm’s 40th anniversary, Marcus &
Millichap is employing lessons learned
and returning to basic truths.
By John Salustri
62 Multifamily Quarterly
Virtually Unstoppable
Still the Golden Child of investment,
multifamily isn’t likely to topple off
its pedestal anytime soon
By Amy Wolff Sorter
52 Finance Quarterly
2012: The Year of Maybe
For all the analyzing and pontificating, 2012
is a question mark in the minds of many
By Erika Morphy
75 The 2012 Professional
Real Estate Services
Resource Guide
IN EVERY ISSUE
8 REAL ESTATE FORUM’S Editorial Advisory Board
10 NEWS FRONT: International
From Russian Property, With Love
11 NEWS FRONT: National
Congress’ Debt Failure Leaves Industry Hanging
13 NEWS FRONT: Mid-Atlantic
As DC Projects Break Ground, Funding
May Vanish
17 NEWS FRONT: West
Cashing In on Southern California Distress
14 NEWS FRONT: Southeast
Miami Beach Hotel Market Sees Renaissance
18 Leader Board
CRE’s Thought Leaders Weigh In
72 Advertisers Index
12 NEWS FRONT: Northeast
REITs, Large Owner-Operators See Future
in Storage
15 NEWS FRONT: Midwest
Kentucky Soars With New Tech, Park Projects
16 NEWS FRONT: Southwest
Student Housing Offers a Firm Foundation
for Development
73 People On the Move
Executive Promotions and New Appointments
74 RealShare Wrapup: Apartments and
Medical Office Buildings
COLUMNS
6 Editor’s Page
Don’t Get Caught Up in the Chase
By Sule Aygoren Carranza
10 Foreign Investors in US Move Up
Risk Spectrum
By Steve Collins
11 Real Estate Decisions Centralized
By Mark Wanic
12 Biotech Drives Big Building in
Boston, Cambridge
By Brendan Carroll
13 Panama Canal Opens New Doors
By Michael McGuinness
14 Miami’s Industrial Market Gets Port Happy
By John Vaught
15 Midwest Is Improving—Really
By Jonathan Wolfe
16 Though Texas Is Strong, Basic Lessons
Still Apply
By Lance Gilliam
17 Look to Single-Tenant Retail for
Favorable Returns
By Richard Walter
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