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Article: S.D. commercial real estate market may cool off; investors set a San Diego record for sales activity in '04, according to report.(Special report: commercial real estate)(San Diego)
- Article from:
- San Diego Business Journal
- Article date:
- January 24, 2005
- Author:
CopyrightCOPYRIGHT 2005 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The reality of markets dictates that what goes up must eventually come down, and the commercial real estate market in San Diego is no exception. San Diego's office market is approaching its peak in 2005, according to one analyst.
Acknowledging that 2004 produced record-breaking returns for commercial real estate investors in San Diego County across sub-markets and sectors, some of the county's real estate investment experts predict the first half of 2005 will be just as impressive.
But others warn that, with the market as crowded as it is now, office market investors should "beware of a stampede" that may be coming this year.
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