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Demand soars for retail sites in Alameda County
Population density, high incomes, economic diversity create demand
Converse to the imbalanced equation currently occurring in most commercial real estate markets, Alameda County has the fortunate dilemma of too much demand and too little supply when it comes to retail properties. That has allowed this market to remain relatively healthy despite the economic ills suffered by other types of real estate during the recent recession.
Several factors contribute to the resiliency of retail in Alameda County, foremost of which are its dense population, diversity of its economic base, an above-average income level, the renaissance of industrial …