Jan 2012 Real Estate Survey for Los Angeles and San Diego
LOS ANGELES
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
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.
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
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.