Positivity Reigns in Los Angeles Investment

Jodie Poirier is the managing director of CBRE’s South Bay office.

LOS ANGELES—Positivity is still prevailing in the Los Angeles investment market, despite some experts calling 2017 the year of uncertainty. Jodie Poirier, the managing director of CBRE’s South Bay office, is speaking on the State of the Industry: Growing the Los Angeles Market in a Year of Uncertainty panel on April 25, but says that her Los Angeles market outlook remains positive.

“I would not coin 2017 as a year of uncertainty,” Poirier tells GlobeSt.com. “Overall, activity was quite strong in the first quarter, and I sensed a bit of a post-election uptick in activity; however, as far as the rest of the year goes, tax cuts and infrastructure spending would boost tenant demand, while any trade conflicts would negatively affect economic activity.”