Top market forecast shines light on national and regional industry indicators  

INLAND EMPIRE, Calif. – On July 18, NAIOP Inland Empire’s 2013 Mid-Year Market Review will offer inland business professionals an in-depth analysis of macro- and microeconomic indicators defining present and future commercial real estate activities.

As keynote speaker, Prologis CEO of The Americas Gene F. Reilly will share his impressions of current U.S. market challenges and opportunities. Leading the largest industrial development company in the nation, Reilly’s observations of current market conditions will help illustrate the market’s path to recovery from a year ago, and where it might be a year from now.

“We remain bullish about the Inland Empire as one of the earliest submarkets in the US to recover from the economic downtown three years ago,” said Reilly.

Following the keynote, a panel of local experts representing key commercial markets will provide a snapshot of development and leasing activity from the High Desert to the border of North County. They will highlight areas of possible growth, emerging priorities, market shifts and declines, and obstacles to overcome. Moderated by Graham Tingler, president of the Space Center’s Western Region, the panel includes:

• Capital investments – Darla Longo, vice chairman at CBRE, Inc.
• Land Use – Bill Heim, principal and executive vice president at Lee & Associates
• Industrial Leasing – Michael McCrary, executive vice president at Jones Lang LaSalle
• Office Leasing- Phil Woodford, senior vice president at CBRE, Inc.

“The commercial real estate capital markets are experiencing the most volatility since August of 2011,” said Longo. “We expect a lively and active discussion on the capital markets in conjunction with the latest developments in International trade and job growth and their effects on the commercial markets in the Inland Empire.”

Where:           Ontario Convention Center
200 Convention Center Way
Ontario, CA 91764

When:            Thursday, July 18
2 p.m. to 7 p.m.

Register:        Visit www.naiopie.org  to register, or contact (951) 324-0350, events@naiopie.org.                                                 Sponsorships still available.

Cost:              $20 NAIOP members
$40 Other NAIOP chapter members
$60 Non members
$10 Developing leaders / students

ABOUT NAIOP Inland Empire
NAIOP Inland Empire is a regional chapter of the national commercial real estate development association, and covers both Riverside and San Bernardino counties. As the leading professional organization for local developers, owners and brokers in the office, industrial, retail and mixed-use real estate sectors, NAIOP Inland Empire aims to represent and advance the interests of its members by providing networking activities, business development opportunities, educational programs, charitable programs, government affairs representation and legislative resources. For more information visit www.NAIOPIE.org.