The California commercial real estate forecast shows a mixed outlook due to rising interest rates and economic uncertainty.
Office development remains cautious due to the impact of high interest rates on market fundamentals.
Multifamily housing demand stays strong in metropolitan areas, driven by state laws and growth in inland parts of the state.
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Compass is a real estate broker licensed by the State of California and abides by Equal Housing Opportunity laws. License Number [01527365]. All material presented herein is intended for informational purposes only. Information is compiled from sources deemed reliable but is subject to errors, omissions, changes in price, condition, sale or withdrawal without notice. No statement is made as to accuracy of any description. All measurements and square footages are approximate. This is not intended to solicit property already listed. Nothing herein shall be construed as legal, accounting or other professional advice outside the realm of real estate brokerage.
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