Calif. Industrial Markets To Top Out Around 2016

Law360, New York (July 15, 2013, 8:28 PM EDT) -- Between industrial developers recently flooding the California markets with new projects and other West Coast markets with easier land-use approvals winning over certain investors, some real estate attorneys and experts see the California industrial market topping out by 2016.

Currently, many Californian industrial markets are boasting enviable vacancy rates within the 4 percent to 5 percent range, according to several commercial real estate market reports. But with a full pipeline of projects expected to reset the supply-demand balance and other West Coast markets offering easier development...
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