ATLANTA—When it comes to the commercial real estate, industry watchers have good news and bad news. It largely depends on what sector and what city. GlobeSt.com caught up with Joel Shackelford, a Los Angeles-based real estate partner at Kaufman Dolowich & Voluck, to get his predictions in this exclusive interview.
1. Commercial Leasing Vacancy Rates Stay Low
On the office and medical office front, Shackelford sees commercial real estate leasing vacancy rates staying low. He also predicts base rights are likely to increase, especially in areas like Los Angeles and San Francisco.
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