Los Angeles Top in 2008?
Analyzing various factors, Grubb & Ellis analyst Bob Bach predicts that Los Angeles will be the top spot for commercial investment in 2008. Eliminating markets hard-hit by foreclosures and an oversupply of condominiums, Bach focused on cities with tight land supply, continued job growth, and cooperative zoning and regulation.
Los Angeles tops the Office, Industrial and Multi-family categories, and comes in second to Washington DC in retail. The complete list is available through the original Wall Street Journal article, available to members through ProQuest.
