What’s New in the California CRE Market?

What’s new in the world of California CRE? Right now, the commercial real estate in general is in flux. And this is particularly true in the California market.

Technological shifts and evolving use patterns are changing the ways buildings are built and used and sold. The concept of the office has been forever altered with work-from-home becoming more and more prevalent. Without a doubt, CRE is rapidly changing.

In California, there is concern about a recent slowdown. Some are concerned about a CRE recession. The market has certainly cooled down from the bull market of previous years. But recent commercial deals show a lot of activity, some positive, some negative. The California CRE market is complex, and recent developments in sales and construction reflect this dynamic.

Below is a look at just some of the new activity, deals, and developments in commercial real estate for the California market.