Several trends are changing the landscape for commercial real estate across California. First is the continued growth of online shopping, with consumers increasingly shifting their purchasing from brick-and-mortar retail stores to their favorite online storefronts. Second, a growing number of technology-oriented tenants in the region have created less need for office space per worker compared to traditional office users. Additionally, much of the existing office stock is becoming technologically obsolete due to inadequate elevator, HVAC and restroom capacity. Increased office density is also driving the demand for mass transit and higher residential densities. As a result, the commercial real estate landscape will look far different a decade from now. Hear what industry leaders have to say at the upcoming UCLA Anderson Forecast.

Agenda

7:00-8:00am

• How long can the forecast be 'more of the same'? With economic expansion almost five years old, will we ever get back to trend or are we nearing another recession?
• Which sectors of the economy are weak and which are strong? Are critical sectors carrying unbearable debt loads?
• Are California housing markets still bifurcated? Will the trend toward multi-family housing continue?

• What drives Chinese investment in the US real estate market?
• Shanghai vs coastal California: Which place will have better investment return for commercial real estate?

• Will reduced square footage per employee render existing office building technologically obsolete?
• Are the owners of shopping centers and malls in denial about online shopping?
• What will the impact of private hoteling ( Airbnb) be on the hotel industry?

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