A new Cushman & Wakefield report provided data to support a positive economic outlook in the industrial sector.

While L.A. County is still down 557,200 jobs since February of last year, on a positive note, the Consumer Confidence Index surged in March to its highest reading in a year. At the end of first quarter 2021, the economic recovery appeared to gain steam and recent economic data paint a rosier picture after months of pandemic-induced crisis. 

The healthiest of all commercial real estate quadrants seemed to be the sturdy, reliable industrial sector.

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