Industrial Remains Hot
Allen Matkins/UCLA Anderson Forecast California CRE Survey
2.13.19
Of the three major non-residential real estate markets, industrial space is the only market still trending upward. This is caused by the same online shopping trends that are hurting the retail market, as well as a continued increase in imports. In 2019, real personal income growth in California is expected to hold up and support the current industrial space expansion, which is dominated by warehousing and distribution centers.
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