Allen Matkins/UCLA Anderson Forecast Winter/Spring 2015: It's a Perfect Storm for California's Commercial Real Estate Market

Allen Matkins
Contact
California commercial real estate is booming once again. During the past six months the average value of newly issued permits for non-residential construction after adjusting for inflation was the highest it had been since the middle of 2001. And more projects are getting ready to start, from sports venues in Sacramento and the Bay Area to multi-use buildings in South Park Los Angeles and the East Bay, to new tech complexes in Silicon Valley and Silicon Beach, the Golden State's commercial construction has returned. But for how long See more +
California commercial real estate is booming once again. During the past six months the average value of newly issued permits for non-residential construction after adjusting for inflation was the highest it had been since the middle of 2001. And more projects are getting ready to start, from sports venues in Sacramento and the Bay Area to multi-use buildings in South Park Los Angeles and the East Bay, to new tech complexes in Silicon Valley and Silicon Beach, the Golden State's commercial construction has returned. But for how long will this spurt in a highly cyclical industry last? Apparently for some time is the view of the survey panels of experts and developers who participate in the Allen Matkins UCLA Anderson Forecast bi-annual survey of developer sentiment. Lean more: http://www.allenmatkins.com/ucla See less -
Embed
Copy

Other MultiMedia by Allen Matkins

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.

© Allen Matkins | Attorney Advertising

Written by:

Allen Matkins
Contact
more
less

Allen Matkins on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:
*By using the service, you signify your acceptance of JD Supra's Privacy Policy.
Custom Email Digest
- hide
- hide

This website uses cookies to improve user experience, track anonymous site usage, store authorization tokens and permit sharing on social media networks. By continuing to browse this website you accept the use of cookies. Click here to read more about how we use cookies.