Selected Los Angeles Office Development Planned - 2012 Allen Matkins/UCLA Anderson Forecast

GET THE SURVEY AT: http://www.allenmatkins.com/amucla.aspx

After 3 years of optimism, in this market, developers are starting to take action in developing new properties and filling their development pipelines. We expect new office space construction to begin in the coming 12 to 18 months. In Los Angeles 16% of the panel expressed that they would begin or had an associate who would begin one new project and 9% that they would begin more See more +

GET THE SURVEY AT: http://www.allenmatkins.com/amucla.aspx

After 3 years of optimism, in this market, developers are starting to take action in developing new properties and filling their development pipelines. We expect new office space construction to begin in the coming 12 to 18 months. In Los Angeles 16% of the panel expressed that they would begin or had an associate who would begin one new project and 9% that they would begin more than one project in the coming 12 months. The optimism in the Los Angeles follows the locations of the greatest job growth: in sub markets of Los Angeles -- especially downtown and areas serving the entertainment and technology industries. The Los Angeles market sentiment remains unchanged. See less -

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