marketreport

The Stockton Market


	Here is an excerpt from the latest Central Valley market reports. You can download the complete reports, as well as archived reports and information on other Colliers Markets, in the right margin of this page (Acrobat Reader Required). Colliers Research Reports are also available via RSS.
	Second Quarter 2010 Office Overview
	Tim Mustin Research Analyst I Bouncing Along the Bottom San Joaquin County’s office market seems to have bottomed, but predicting the climb out will be challenging. Office leases are being executed, albeit not enough to show significant positive net absorption. Generally speaking, active tenants are moving into similar size space from their previous locations. There are two motivating factors contributing to the leases that are being executed: (1) lease rates are favorable for tenants (2) landlords are offering tenant improvement allowances on new space. With some positive net absorption and only a few new office spaces becoming available, we see a trend developing that indicates we may be bouncing along the bottom of the recession. The positive sign is that we are near the bottom and future activity will turn the market in a growth direction. Click here for the full report.
	First Quarter 2010 Industrial Overview
	Michael Goldstein, SIOR Managing Partner Certain market sectors experienced an increase of activity in the first quarter and displayed positive signs with the start of the New Year. The activity was focused in the Stockton and Tracy submarkets where condominium and incubator space received the majority of the attention. The “wait & see” attitude that froze many small businesses throughout 2009 may be slowly changing. Click here for the full report.