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

Second quarter CRE report paints rosy picture for investors

Commercial real estate investors in California and around the country can expect returns to remain steady in the months ahead, according to a recent report from NAI Global. The brokerage firm made the prediction after studying industrial, office and retail vacancy rates and rents in 21 key markets. Based on the report, vacancy rates are already at or near 10- or 20-year lows. The resulting shortage of space has pushed rents higher in most parts of the country.

While office rents fell slightly during the second quarter, the NAI report puts this largely down to a noticeable downturn in rents in Chicago and New York. Office rents rose slightly in the other 19 markets studied, and vacancy rates were 9.6 percent for the third consecutive quarter. Net absorption also rose in the industrial sector despite falling in 12 of 21 markets, and rents inched up by 1.6 percent after increasing by 1.7 percent in the first quarter.

Industry experts have been making dire predictions about the retail sector for years, but the NAI report reveals that vacancy rates are holding steady while rents are actually increasing. Retail vacancies have stood at 4.8 percent, which approaches pre-recession lows, for three out of the last four quarters. Furthermore, rents rose by 1.8 percent, bucking the popular narrative that traditional brick-and-mortar retailing is moribund.

Low vacancy rates and rising rents are generally good news for commercial real estate investors and landlords. Completing developments on time and on budget usually involves overcoming a myriad of legal, zoning and regulatory issues. Attorneys with experience in this area may be able to help developers to identify and deal with problems before they become major obstacles.

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