December 10, 2009
USC forecasts better industrial property market
Riverside Press Enterprise
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 today.
The report on commercial real estate from the Lusk Center for Real Estate at the University of Southern California predicts that the office market will remain in the doldrums. The vacancy rate, currently at more than 20 percent in Inland Southern California, is not likely to improve because little, if any, new hiring is expected...