Summer 2021 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey Results
Announcement and Press Release
7.21.21
The Summer 2021 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey shows that Californians have a palpable urge to return to normal, as expectations for the next three years among Survey respondents are decidedly less pessimistic than in the last Survey. Although both office and retail development plans have been cut back, panelists predict that the current pessimistic cycles for both sectors have hit their respective bottoms and that those markets will soon turn due to increasing demand. Meanwhile, multi-family housing and industrial space remain in the growth portion of their business cycles. Read the press release
read analysis of the Survey results from industry leaders
Office Developers Signal an Upward Turn in the Market
Kevin Shannon, Co-Head of U.S. Capital Markets, Newmark
Elizabeth J. Wilgenburg, Partner, Allen Matkins
While Still Pessimistic, Retail Outlook Begins to Rebound
Rhonda Diaz Caldewey, Executive Vice President, JLL
Lee A. Edlund, Partner, Allen Matkins
Pandemic Fuels Continued Growth of Industrial Market
Darla Longo, Vice Chairman, Managing Director, CBRE
Sandra A. Jacobson, Partner, Allen Matkins
Multi-Family Market Optimism Prevails Despite Pandemic-Related Disruptions
Kitty Wallace, Senior Executive Vice President, Colliers International
John C. Condas, Partner, Allen Matkins
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