Office Developers Take a “Wait-and-See” Approach
By EsqSocial Corporation 08/02/21
With the pandemic shifting the use of traditional office space, there is much uncertainty as to what the future of development in this sector will look like. The panelists of the latest Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey are confident about the growth in demand for office space between 2020 and 2023, but they are pessimistic about the return on investment in new space today. Across the board, there is a wait-and-see sentiment in the office space market,...
By: Allen Matkins