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Real Estate/Development

Jan. 6, 2004

California Projects to Watch in 2004

"Disciplined." Builders have got to be sick of hearing that word. Throughout 2003, the real estate industry has lauded developers' apparent self control for not overbuilding during the soft economy and exacerbating high vacancy rates, as occurred in the early '90s.

"Disciplined."

Builders have got to be sick of hearing that word.

Throughout 2003, the real estate industry has lauded developers' apparent self control for not overbuilding during the soft economy and exacerbating high vacancy rates, as occurred in the early '90s.

But what for some is commendable, for others has meant a painful lack of work.

For the first 10 months of 2003, statewide office construction was down 23.4 percent and re...

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