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GlobeSt.com EXCLUSIVE: CA Real Estate Bounds Ahead

LOS ANGELES-California has its economic problems; commercial real estate is not one of them.

By Ian Ritter | Updated on July 13, 2011

LOS ANGELES-The California commercial real estate industry is only getting brighter. That was the message of the Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey for the fall and summer of this year, which views the market three years out. 

Part of the reason this is happening in state, says Jerry Nickelsburg, senior economist for the UCLA Anderson Forecast, is because despite its unemployment and state-government problems, the state is growing faster than the rest of the country.

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