December 11, 2009
USC report sees industrial comeback
All Business
By Jack Katzanek
... Industrial properties in Inland Southern California, including factories and distribution centers, could be in demand again next year if the current trends continue, according to a report released Thursday.
The report on commercial real estate from the Lusk Center for Real Estate at USC predicts that the office market will remain in the doldrums. The vacancy rate, which is more than 20 percent in the region, is not likely to improve because little new hiring is expected. However, acceleration in international trade could renew interest in warehouses and factories...