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ORANGE COUNTY, CA—In evaluating key economic and CRE indicators over the last few quarters, it's pretty difficult to conclude there has been any clear-cut effect on the industry through President Trump's first months in office, Cushman & Wakefield's director of research for the San Diego region Jolanta Campion and market director of research for Greater Los Angeles Eric Kenas tell GlobeSt.com. We spoke with them to get their take on how the early months of Trump's administration have impacted the two Southern California markets.
GlobeSt.com: How have Trump's first few months in office affected the Orange County and San Diego commercial real estate markets?
Cushman & Wakefield: In evaluating key economic and commercial real estate indicators over the last few quarters (Q4 2016 and Q1 2017), it is pretty difficult to conclude there has been any clear-cut effect on commercial real estate through Trump's first few months in office. The market experienced sustained momentum well prior to his inauguration. For the most part, demand for San Diego and Orange County commercial real estate has held strong and steady with healthy improvement and conditions across all property types observed both pre- and post-election.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
