Allen Matkins/UCLA Anderson Forecast Summer/Fall 2015 Overview
8.12.15
Commercial construction activity in California has risen to its highest level since 2001. Available financing, low cap rates, an increasingly high demand from technology, advertising, media and information companies, and a shortage of multi-family housing have sparked the industry boom. The outlook for the next three years, based on the most recent Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey, is for continued growth in commercial property development.
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