Office and Retail Show Topping Out While Multi-Family and Industrial Continue to Thrive

The latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey signals that California commercial real estate continues its boom, but as U.S. economic growth slows, there are signs of this boom topping out. Commercial real estate fundamentals improve with increases in employment and income and a slowing of the growth of these is potentially of concern. The biannual survey projects a three-year-ahead outlook for California's commercial real estate industry and forecasts potential opportunities and challenges affecting office, multi-family, retail and industrial sectors.