[co-author: Barbara Perrier]
In the June 2020 Survey, industrial space sentiment dropped slightly but was logical, given that the state was in the midst of a pandemic. However, vacancy rates have remained extremely low across all regions surveyed in our latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey and sentiment about the coming three years has come roaring back to levels of optimism that have not been seen for many years.
Industrial market industry leaders, Barbara Perrier of CBRE and Dana Palmer of Allen Matkins, discuss what lies ahead for this sector of the California commercial real estate market.