The 3rd Quarter 2021 Industrial Real Estate Market Report for the Los Angeles - Long Beach Market.
The market continues to set record sale prices and lease rates as vacancies remain at historic lows. Click below for full report.
The 3rd Quarter 2021 Industrial Real Estate Market Report for the Los Angeles - Long Beach Market.
The market continues to set record sale prices and lease rates as vacancies remain at historic lows. Click below for full report.
The Industrial segment of the Los Angeles-Long Beach Commercial Real Estate Market continued to rocket up with large gains in lease rates and sale prices.
Already low vacancy rates shrunk to 1.1% as lease rates and sales prices continue their ascent. An unprecedented 20% growth in rent rates was experienced in Q2 of 2021 and average sale prices increase by 37%! Click the below link for the full report.
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
