The Karlin Law Firm LLP

Providing quality legal services to statewide and national clients in ADA defense, Personal Injury, business and real estate for more than 35 years

Email Us
Practice Areas

NAR predicts steady growth and falling vacancies in 2017

Commercial real estate markets in California and around the country will provide investors with steady returns in 2017 according to the National Association of Realtors. Some industry experts feel that the current market cycle is nearing its peak, but the real estate trade association does not foresee any major setbacks in the year ahead. The group says that smaller markets were particularly active in late 2016, which compensated for falling prices in some of the nation's larger cities.

Vacancy rates are expected to fall in most commercial real estate sectors, and the competition for industrial space is expected to be particularly fierce. Even beleaguered retail landlords can expect demand to increase as 2017 wears on, and the NAR says that multi-family vacancy rates will remain steady despite large amounts of new supply. Property owners will benefit from an economy that will continue to grow and create jobs according to the NAR, and year-over-year prices that were up 8.5 percent in February add weight to the trade group's position.

The Federal Reserve has voiced concerns over rising commercial property values, but the National Association of Real Estate Investment Trusts disagrees. The group feels that demand will remain high because companies continue to take on new workers and construction levels are well below previous peaks. However, NAREIT does concede that the current market cycle is maturing.

Commercial property developers and investors must often act quickly when opportunities present themselves, but unforeseen legal issues can cause negotiations to grind to a halt. Attorneys with experience in this area may be able to identify potential hurdles well in advance and develop strategies to avoid them. Attorneys could also help commercial landlords to avoid protracted legal disputes by checking the references of potential tenants.

No Comments

Leave a comment
Comment Information

Contact Us Today

Bold labels are required.

Contact Information

The use of the Internet or this form for communication with the firm or any individual member of the firm does not establish an attorney-client relationship. Confidential or time-sensitive information should not be sent through this form.


Privacy Policy

L. Scott Karlin

L. Scott Karlin

Attorney Profile
David E. Karlin

David E. Karlin

David E. Karlin is a California attorney with a primary focus on business and real estate, including law and legal issues...

Attorney Profile
Michael J. Karlin

Michael J. Karlin

Michael J. Karlin is a Southern California based attorney whose practice primarily focuses on Entertainment Law. Michael began...

Attorney Profile

Recent Articles

ADA Fraud Reported

A recent article on the news concerns a man in Riverside County who allegedly has attempted to obtain money from property owners and businesses based on alleged violations of the Americans with Disablities Act (ADA). Read More

Tustin Office
13522 Newport Avenue, Suite 201
Tustin, CA 92780

Phone: 714-881-0054
Tustin Law Office Map

Newport Beach Office
2901 West Coast Highway, Suite 200
Newport Beach, CA 92663

Phone: 949-427-9328
Newport Beach Law Office Map

Carlsbad Office
2173 Salk Avenue
Suite 250
Carlsbad, CA 92008

Phone: 760-407-2409
Map & Directions

Riverside Office
6809 Indiana Avenue
Suite 100
Riverside, CA 92506

Phone: 951-643-8769
Map & Directions

Los Angeles Office
1100 S. Hope Street
Suite 103
Los Angeles, CA 90015

Phone: 213-519-5633
Map & Directions

Fresno Office
1444 Fulton Street
Fresno, CA 93721

Phone: 951-373-4384
Map & Directions