Commercial real estate news releases from Avison Young
Quarterly and topical research insights to help your business gain competitive edge in commercial real estate.
Check out the top trends impacting the #CRE industry in our new 2020 Forecast
January 15, 2020Inland Empire is commanding heavy interest from investors and developers while making massive strides with California’s trail-blazing renewable energy goals. While Inland Empire is dominated by its industrial platform, multifamily property growth is gaining prominence due to flourishing employment opportunities and out-migration from nearby coastal counties.
The Southern California region is increasingly benefiting from tech investments, e-commerce demand, defense spending, tourism and media; while employment opportunities expand. Los Angeles investment demand and low vacancy is feeding a development boom. San Diego is improving its infrastructure and advancing as a Smart City. Orange County office renovations are increasing, and retail reinvention is reaching new heights. Inland Empire is experiencing a population boom driving a surge in multifamily development and retail demand.