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California Real Estate Journal: USC Casden Forecast: Industrial to Make a Comeback in 2010

December 10, 2009

USC Casden Forecast: Industrial to Make a Comeback in 2010
California Real Estate Journal

... Industrial markets in Southern California will bounce back faster than office properties in 2010 as a result of heightened traffic at the ports, according to a report by the University of Southern California Lusk Center for Real Estate.

Growing demand for U.S. goods from India and China will increase demand for warehouse space. Office market performance will be driven by the nationwide expectation of growth in the green technology, education and healthcare sectors, but this will not be seen until 2011, the forecast said...