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Jan 29, 2011

Commercial real estate expected to rebound in ‘11 [www.vcstar.com]

Local commercial real estate officials say they are becoming increasingly optimistic about the economic climate in Ventura County.

Much of 2010 was similar to 2009 — a lack of sales — but a strange thing happened at year’s end, said Mark Perry, vice president of investment for commercial real estate firm CB Richard Ellis.

“In the last couple of months of the year, it got a whole lot better,” he said Friday at the Los Angeles-based firm’s 2011 Ventura County Commercial Real Estate Symposium in Westlake Village. Perry said he believes Ventura County is going to rebound quickly

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