NAI Capital’s strong foothold in the Southern California commercial real estate market is strengthening as expansion is still a priority for their local offices. NAI Capital’s Valencia office is seeking to continue its constant growth and unmatched reputation of being the largest firm in the region.
NAI Capital is looking to get a head-start in an area that is presenting as a future Southern Californian real estate hub. This potential stems from the quantity of undeveloped land in the Santa Clarita Valley. Typically, in the San Fernando Valley it is necessary to deconstruct to be able to construct, whereas in the Santa Clarita Valley, there is the ability to save time and money by constructing on undeveloped land. As the region grows, more opportunities will arise for larger commercial buildings and factories due to the large amount of space available in the region.
Yair Haimoff, executive vice president and branch manager of the Valencia office, has high hopes for the area as three industrial parks are set to begin construction by the end of the year. With the construction of those parks, he sees the Santa Clarita Valley as a great opportunity to work in and even live in. New homes are being built, which leads to businesses potentially moving in as well. Haimoff also recognized the low crime rate, little to no graffiti and a newer community as all positive factors to residential and commercial development in the Santa Clarita Valley.
NAI Capital is a member of the NAI Global network of over 375 offices. Each owner-operated commercial real estate brokerage firm is encouraged to work together and take advantage of the global resources offered to them. NAI Global was acquired by C-III Capital Partners while under the direction of Andrew Farkas in 2012. Farkas is currently CEO and Chairman of C-III.