Real Estate Experts See Calif. Office Boom Fizzling In Future

Law360, New York (January 30, 2013, 9:10 PM EST) -- While many have predicted 2013 will be a boom year for California office markets, local real estate lawyers and experts say the markets already are peaking as developers worry that a recent construction boom might put too much space online for demand to keep up with.

The level of optimism developers have for the state's office markets has dropped significantly for the first time in five years, according to a semiannual commercial real estate survey released Wednesday by Allen Matkins Leck Gamble Mallory & Natsis LLP...
To view the full article, register now.