Real estate industry takes only a wait-and-see stance on Green Line. (Metro Green Line)(Real Estate) Los Angeles Business Journal | April 24, 1995| | COPYRIGHT 1995 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

The Metro Green Line, scheduled to open this June, has the real estate community taking a cautiously optimistic but largely wait-and-see attitude about how the line will affect rail-vicinity properties when service begins. The light rail line follows the Anderson (105) Freeway for much of its route, extending westward from Norwalk, through El Segundo and to its terminus in Redondo Beach [ILLUSTRATION OMITTED].

Several industry sources agreed that the new rail service should certainly be a factor in determining how the adjacent real estate markets are developed, though no ...

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