Developers Feeling Giddy
John M. Tipton in Bisnow National
Press Mention
2.04.13
Bisnow National (February 4, 2013) Both industrial and office developers are optimistic about Orange County, according to the latest Allen Matkins/UCLA Anderson Forecast-California CRE Survey. Is it justified? Allen Matkins real estate development partner John Tipton tells us yes. The OC industrial market will be driven by an economic recovery that's spurring exports, and also by the fact that there isnt a lot of land remaining for prime industrial space, John tells us. Land is more expensive now, and developers feel the projects that do get built will see a very nice return.
