January 1, 2010
Industrial Uptick, Office Lagging
Real Estate Forum
By Bob Howard
...Economic forces could boost the Southern California industrial markets in 2010, but the office sector will continue to languish, according to the USC Lusk Center Casden Forecast...
...The office sector recovery should begin in 2011, thanks to "expected growth nationwide in green technology, education and healthcare," according to Tracey Seslen, co-author of the forecast. Seslen says, "Considerable downward pressure on office rents will continue' next year due to job losses across the board...