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Seattle, Phoenix, Los Angeles and San Diego redeemed in the recovery; total transaction volume in four cities reaches $4.6 billion
LOS ANGELES, Nov. 13, 2012 - Multifamily investors are making an aggressive push westward into Seattle, Phoenix, Los Angeles and San Diego, according to Jones Lang LaSalle’s third quarter 2012 West Coast Multifamily Outlook. As result of the positive momentum from the falling unemployment rates and increase in rental and occupancy fundamentals, these target cities witnessed a total combined multifamily transaction volume of $4.6 billion year-to-date September 2012.
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