This question is top-of-mind in commercial real estate circles of late.
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Industrial property prices have soared to levels that no one thought possible in the last several years.
The Orange County industrial market, along with the rest of Southern California, continues to experience unprecedented demand driven by a number of factors which have positively impacted the market.
Chris Thornberg, PhD of Beacon Economics, was the keynote speaker at the Voit Real Estate Services’ 2022 Economic Forecast & Market Trends Event.
Wow, what a rollercoaster of a year! 2021 was anything but boring or predictable. At times painful, at times scary, it was a year of upheaval on the economic front, as governments at all levels made bold moves to quiet the pandemic. We probably won’t know for a while whether the response was effective, but the business community found a way to make the best of a miserable situation.