View From the Top Shines Bright

LOS ANGELES—The commercial real estate market is looking very bright, according to the industry’s leaders at Allen Matkins annual View From the Top conference. The conference included keynote speeches from Michael Von Konynenburg, president of Eastdil Secured, John B. Kilroy, president of Kilroy Realty, and Victor J. Coleman, chairman of the board, president and CEO of Hudson Pacific Properties, as well as panel discussions with developers and investment sales experts. Overall, all the experts remained bullish on the market, expecting the up cycle to ride out for the next few years.

“We had these three very optimistic views from these three top real estate guys who are all very different,” Tony Natsis, an Allen Matkins attorney, the event’s master of ceremonies and the moderator of the two panels, tells GlobeSt.com about the keynote speakers. “Mike VK was ridiculously optimistic about real estate, especially in the major product lines like office and industrial. He said, ‘I don’t know if this is going to end any time soon.’ John Kilroy had a similar view, but focused more on the demand from the new generation of users, and Victor focused on both demand and economics. Although they all had different perspectives, they all came to the same conclusion.”