This is a pay site, so I didn’t read the whole article. However, I have seen anectdotal evidence of a glut of commercial properties lately. Last week I was driving around carlsbad near the airport and saw approximatly 20 “for lease” signs in a two block area. These were 5000 to 12000 sqare foot buildings for lease in the palomar triad area.
I have also heard recently that about 2 million square feet of commercial real estate is coming online in southern California in the next 18 months and that there isn’t anywhere near that much demand.
