Economy

In one case a developer said it was using drones to survey property to make up for the lack of skilled workers.

As of the third quarter 2017, 52% of the speculative space delivered since 2013 had been leased, according to Colliers, and this figure increased to 62% by the end of June 2018.

Prices and rents keep rising, and developers plan to soon launch several large spec buildings.

Life science capital investment in San Diego hit half a billion dollars in the second quarter with the biggest deals coming from

In April and May, the unemployment rate in Orange County was 2.6%, the lowest rate in nearly 20 years.

Renters in the region absorbed approximately 9,155 units so far this year, which was roughly three times the number of units absorbed during the first half of 2017 and which far outpaced the 6,336 apartment deliveries year-to-date.

Some Los Angeles office submarkets are booming while others are falling behind, but overall leasing activity is trending down.

The long-promised lawsuit filed by New York State Attorney General Barbara D. Underwood specifically points to the federal tax reform law capping the SALT deduction at $10,000 as damaging to state taxpayers. The litigation was joined by the attorneys general of Connecticut, Maryland and New Jersey.