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Realty Income Corporation is a real estate investment trust that invests in free-standing, single-tenant commercial properties in the United States, the United Kingdom, and six other countries in Europe. These properties are subject to NNN Leases. The company is organized in Maryland with its headquarters in San Diego, California.
According to Real Capital Analytics, a New York real estate research firm, more than $160 billion of commercial properties in the United States are now in default, foreclosure, or bankruptcy. In 2024, office leasing volume rose to its highest level since 2020, but roughly 60% of active office leases went into effect prior to the pandemic. [ 5 ]
Property management is the operation, control, maintenance, and oversight of real estate and physical property. This can include residential, commercial, and land real estate. Management indicates the need for real estate to be cared for and monitored, with accountability for and attention to its useful life and condition.
The 1960s were a decade of dramatic change in La Jolla as a "land boom" led to rapidly increasing real estate prices. [13] Small cottages began to be demolished and replaced by high rises and modern commercial buildings. [14] The site of the Green Dragon Colony, but not its buildings, was listed as a San Diego Historical Landmark in 1973 (HRBS 84).
Since the complex is on extremely valuable property, the Navy has attempted to finance a portion of operations with revenue from real estate developers seeking to build housing and commercial units. A San Diego developer actually has a lease with the US Navy to build a Navy administration complex, along with hotels, offices and shops, in an ...
San Diego hosts the largest naval fleet in the world: [8] In 2008 it was home to 53 ships, over 120 tenant commands, and more than 35,000 sailors, soldiers, Department of Defense civilian employees and contractors. [9] San Diego is home to the California National Guard's 79th Infantry Brigade Combat team. [10]
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