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Allen Matkins and UCLA Anderson Forecast have partnered to create a Commercial Real Estate
Survey and Index to better predict future California commercial rental rates and vacancy
rates. This tool surveys supply-side participants - commercial developers and financiers
of commercial development - for insight into their markets. The Survey and the resulting
Index provide a measure of the commercial real estate supply-side participants' view of
current and future conditions. Since participants make investment actions based upon these
views, it provides a leading indicator of changing supply conditions.
Through an analysis of the Index and the incorporation of the Index into other economic
forecasting models, the Survey is designed to provide more accurate information on future
office, retail and industrial space in major California geographical markets.
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