LOS ANGELES-The Bay Area is leading the state out of the recession, with the momentum from the San Francisco and Silicon Valley office markets. The East Bay, though not as strong, is still on par recovery wise with San Diego.
These findings were part of the Allen Matkins/UCLA Anderson Forecast, which looks at how the California commercial real estate market will fair over the next couple years. The above video has senior economist Jerry Nickelsburg talking about the Bay Area.
GlobeSt.com received exclusive access to the above videos and others that will appear on the site over the next couple of days that summarize the survey. Click here to view the full Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey.
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