Just finished a preliminary survey of the Inland Empire industrial numbers. Not as bad as I had thought, Absorption in the West IE is in the neighborhood of -1.5 million and for the East I.E we are looking at +3 or so million. (After much consideration and deliberation, the 2.1 million SF Stater Brothers DC does count, Merry X-Mas to me!).
I cannot rule out a huge screw-up on my part or a hidden bias towards having nice positive numbers, but I was assuming that things would be more or less horrific (more horrific actually) than what I am getting.
Which begs the question: Do they really pay me for this?
Looks like I may have to revise my titles again. Thinking of something along the lines of: We're Not Dead Yet!
Next week I will start on the office numbers, I am hoping for a downer there since I have so much pent up pessimism, I am sure it is not healthy to not vent it. (+2 f0r the d0uble negatives)
Los Angeles Basin Market Reports
- First Quarter 2011 South Bay Industrial
- First Quarter 2011 Mid Counties Industrial
- First Quarter 2011 Central Los Angeles Industrial
- First Quarter 2011 West Inland Empire Industrial
- First Quarter 2011 East Inland Empire Industrial
- FirstQuarter 2011 San Gabriel Valley Industrial
- First Quarter 2011 Los Angeles Basin Industrial
Tuesday, December 9, 2008
Why Am I Always Surprised?
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