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Allen Matkins/UCLA Anderson survey sees bright spots in industrial and multifamily Market optimism is ebbing among California’s real estate developers, according to Allen Matkins/UCLA Anderson’s summer/fall 2017 forecast. Office and retail construction is expected to slow, while industrial and multifamily will continue growth. Although the state’s unemployment has dropped and income and spending are increasing, the drop in optimism about 2020 should lead to a slowing of development, the report says. The biannual survey projects a three-year outlook for California’s commercial real estate industry. “A lot of people did think it’s a natural progression--California’s been in a recovery for seve