Summer 2020 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey Results
Announcement and Press Release
7.29.20
In the wake of the current pandemic-induced economic recession, the Summer 2020 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows uniform pessimism and a drop in sentiment for developers across all commercial real estate spaces in 2023. The biannual survey projects a three-year-ahead outlook for California's commercial real estate industry and forecasts potential opportunities and challenges impacting the office, multi-family, retail, and industrial sectors. Read the Press Release.
read analysis of the Survey results from industry leaders
Industrial Demand Drops Less Than Other Sectors Due to Increased Online Shopping
Darla Longo, Vice Chairman, Managing Director, CBRE
Brad H. Nielsen, Partner, Allen Matkins
Continued Housing Demand Minimizes Multi-Family Market Downturn
Kitty Wallace, Senior Executive Vice President, Colliers International
Timothy M. Hutter, Partner, Allen Matkins
Work-From-Home Environment Fuels Demand Uncertainty in Office Space Market
Kevin Shannon, Co-Head of U.S. Capital Markets, Newmark Knight Frank
Julie K. Hoffman, Partner, Allen Matkins
Recession Furthers Retail Market's Dramatic Industry Shift
Rhonda Diaz Caldewey, Executive Vice President, Jones Lang LaSalle
Ivan M. Gold, Of Counsel, Allen Matkins
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