E-commerce and Warehouse Space Driving a Boom in Industrial Markets

The 2016 Summer/Fall Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey found that industrial markets, particularly the warehouse segment, remain on fire. This optimism, expressed in each of the markets surveyed, continues to be manifested in new building. With extremely low vacancy rates at present and an optimistic view by developers, the building boom should continue through at least 2019.