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:
REAL ESTATE: Analysts see more action
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 ..."
http://www.pe.com/business/business-columns/commercial-real-estate-headlines/20120716-real-estate-analysts-see-more-action.ece
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.
