The Summer 2025 Allen Matkins/UCLA Anderson California Commercial Real Estate Survey shows accelerating momentum in industrial, multifamily, and parts of the office and retail sectors, though regional and asset-type disparities remain.
Northern California leads in office and retail optimism, while Southern California retail sentiment has moderated. Industrial demand continues to outpace supply statewide, and multifamily development remains resilient with rental growth expected. The survey, conducted amid new import tariffs and in the aftermath of devastating Los Angeles fires, highlights both strong market fundamentals and ongoing challenges, including potential cost pressures from tariffs.
To read the report, click here.
