Our investment thesis involves focusing on so-called “best in class assets” in secondary rings of primary markets. These markets benefit from a high quality of life and have demonstrated long-term job growth, and are enhanced by the characteristics of their surrounding markets. Orange County has access to a robust labor pool from Los Angeles and the Inland Empire markets. Strong demographics, connectivity to major thoroughfares, and many desirable amenities attract large regional tenants.
With high barriers of entry, we see the opportunity for long-term stable cash flow with upside potential in an irreplaceable location. That’s why we have an acute focus on the market in Orange County.