Commercial Real Estate In Southern
California Appears More Active
Locally, commercial real estate is giving more positive signs than negative. A report from an Inland Empire firm sees more action there.
Read about it in this new report from the Press-Enterprise:
Jack Katzanek - "The second quarter saw some fresh activity in Inland Southern California, much of it from companies renewing leases, a report from commercial real estate firm Jones Lang LaSalle found. Market vacancy rates dropped 20 basis points in the quarter ..."
Good action in the outlying areas such as the Inland Empire is always good news. This is probably a reflection of the slow but steady economic growth that the area is experiencing in general, and bodes well for the future.