December 10, 2009
Casden forecast remains gloomy for office landlords
Los Angeles Times blog
By Roger Vincent
...Southern California's industrial real estate markets have a chance of getting off their knees next year, but the office market should continue to be painful for owners, according to a report released today.
"Heightened traffic at the ports of Los Angeles and Long Beach will create more jobs and an increased need for warehousing across Southern California," said Tracey Seslen, co-author of the Casden Real Estate Economics Forecast compiled at USC's Marshall School of Business...