Real Estate/Development
Jun. 2, 2000
South Bay absorption continues ascent
By Julie Nakashima South Bay/LAX commercial real estate began the year on a robust note, as evidenced by the fact that 1 million additional square feet of industrial space was leased or sold in the first quarter of this year, compared to the same quarter of 1999.
By Julie Nakashima
South Bay/LAX commercial real estate began the year on a robust note, as evidenced by the fact that 1 million additional square feet of industrial space was leased or sold in the first quarter of this year, compared to the same quarter of 1999.
Approximately 2.3 million square feet was absorbed in first quarter 2000 vs. 1.3 million in the first quarter of 1999. "We expected there would be a drop-off in 1999, but 2000 is roaring out of the block...
South Bay/LAX commercial real estate began the year on a robust note, as evidenced by the fact that 1 million additional square feet of industrial space was leased or sold in the first quarter of this year, compared to the same quarter of 1999.
Approximately 2.3 million square feet was absorbed in first quarter 2000 vs. 1.3 million in the first quarter of 1999. "We expected there would be a drop-off in 1999, but 2000 is roaring out of the block...
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