Orange County

After a devastating quarter two, there has been an uptick in activity in the third quarter, suggesting that the economic recover has started.

Commercial construction starts in Los Angeles and San Diego are expected to increase next year.

Real estate and aerospace were among the two industries to see as surge in layoffs in July and August.

The market has quickly adapted to the new market conditions with relatively minimal impact.

Despite the ongoing pandemic, the firm has seen momentum in the retail market with new construction projects.

Los Angeles and San Diego have seen a pause in construction activity, but Orange County new projects have stayed on schedule.

There continues to be a significant gap between buyers and sellers on pricing, but sellers are starting to face the music.

Medical office tenants are pushing expansion plans back or opting for short-term renewals during the pandemic.