Jan 2012 Real Estate Survey for Los Angeles and San Diego

The Survey finds continued optimism among developers in office and industrial areas. There is a tightening of the market driven by technology and media companies in the western part of the city and inland cities around Burbank and Pasadena. A third of respondents have new projects on the books.
San Diego is growing faster than California and faster than the U.S. as a whole. Developer optimism in office space which will lead to future construction of office space in San Diego.