Construction in L.A. Approaches Uncharted Territory With Nearly $20B in Starts on Deck for 2017
John Tipton Partner
Allen Matkins
While development and construction is booming in Los Angeles, the latest Allen Matkins/ UCLA Anderson Forecast California Commercial Real Estate Survey, completed in December, indicates an equilibrium in the area’s office and multifamily markets. The survey measures the views of commercial real estate developers on rental and vacancy rates in specific markets three years into the future.