The 1st Quarter of 2021 saw the continued lack of inventory in the Industrial Real Estate Market leading to the market to carry on with increasing in lease rates and sale prices.
The shortage of warehouse and industrial space available for lease and sale persisted in the 1st quarter of 2021. The continued rise of e-commerce has led to demand for industrial space to outstrip supply. Additionally, low interest rates have led to the average sale price to increase by... CLICK BELOW FOR FULL REPORT
The Commercial Real Estate Industrial submarket of Los Angeles, California in the San Gabriel Valley saw impressive gains in leasing and sales in the 1st Quarter of 2021.
The San Gabriel Valley saw impressive gains in leasing and sales activity in the 1st quarter of 2021 in the Industrial Commercial Real Estate segment. The top lease was a 572,240 SF transaction in El Monte and top sale a $33M deal in Pasadena. Click below for full report.
AIR has partnered with NAIOP to alert the Commercial Real Estate Community about new proposed taxes and regulations for Southern California warehouses.
Click the link here to learn more and to take action before May 7th to oppose these new proposed taxes and regulations on Southern California warehouses by the South Coast Air Quality Management District (SCAQMD).
No end to warehouse and industrial space demand in sight!
Lee and Associates piece explaining how the pandemic increased the divergence in commercial real estate. Industrial real estate continues to thrive while retail and office segments struggle.
In a up and down year, our latest report shows Industrial Real Estate closed strong in the 4th quarter of 2020.
While the Office and Retail sectors struggled in Commercial Real Estate, Industrial thrived. Inventory decreased and e-commerce continues to drive the hot Industrial and Warehouse segments.
Amazon's continued expansion will put further pressure on the industrial real estate warehouse market likely decreasing inventory and increasing lease rates & sale prices.
Amazon executives say company's warehouse building expansion is not over: Click here for story
Leasing Activity more than doubled in the San Gabriel Valley Industrial Market in the 4th Quarter of 2020.
An impressive comeback was led by the 3PLs, retailers, fast-food and automotive in the 4th Quarter of 2020 in the San Gabriel Valley Industrial Real Estate Market. Click below for full report
Industrial Real Estate was strong once again in the 4th Quarter of 2020 in Orange County.
Orange County posted the most annual tenant growth in five years as Industrial Real Estate continues to thrive despite the economic challenges of COVID. Ecommerce continues to be a big driver, click below for full report.
Mgrublian arranges the lease of another industrial warehouse property
Ron Mgrublian of Lee and Associates was able to arrange the leasing of 2925 Seaboard Lane in North Long Beach, California. The tenant able to secure much needed overflow space for PPE products and the owner was able to lease vacant space short term. If you are an owner looking to sell or lease warehouse or industrial real estate property or a tenant looking to buy or lease, contact Ron now.
Special offer for the New Year, find out key valuation data pertaining to your commercial property now.
Receive a Sales Comp and/or Lease Analytics Report tailored for your Commercial Real Estate Property. Click here for offer.
±14,122 SF Building With Dock and Fenced & Paved Yard Available for Short Term Lease in North Long Beach
±14,122 SF Industrial Warehouse on ±31,561 SF of Land
Two (2) Dock High and One (1) Ground Level Doors
Large Fenced / Paved Yard
The 3rd Quarter of 2020 featured an increase commercial real estate sales and leasing activity.
Sales in the 3rd quarter of 2020 almost tripled in the Los Angeles/Long Beach Industrial Market and leasing activity picked up decreasing vacancy rates by 25%. E-commerce will continue to pressure the availability of Industrial properties and warehouses for sale and for lease as the COVID-19 pandemic quickened the pace of change with consumer preferences. Click here for full report.
