California Commercial Real Estate Forecast - Industrial & Multifamily Remain the Bright Spot in the Winter 2013 Allen Matkins/UCLA Anderson Survey Results

INDUSTRIAL: Industrial markets had positive forecasts in all regions, due in part to anticipated increases in California exports driving demand for distribution and manufacturing space, particularly from China and other Asian markets.

MULTIFAMILY HOUSING: The survey indicates that multifamily development continues to boom with increased housing demand and decreasing vacancy rates of 4.5 percent in multifamily markets. This turnaround in See more +

INDUSTRIAL: Industrial markets had positive forecasts in all regions, due in part to anticipated increases in California exports driving demand for distribution and manufacturing space, particularly from China and other Asian markets.

MULTIFAMILY HOUSING: The survey indicates that multifamily development continues to boom with increased housing demand and decreasing vacancy rates of 4.5 percent in multifamily markets. This turnaround in multifamily residential construction is being driven by high occupancy rates and rising rents, particularly in the Bay Area, as household formation begins to rebound in California. See less -

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Topics:  Exports, Fiscal Cliff, Industrial Space, Land Developers, Multi-Family Development, Office Space

Published In: Commercial Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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