Continued upward trends in sale prices and lease rates for commercial properties in the Southern California market.
$44.39 price per square foot increase in sale prices and $0.37 psf (monthly) increase in lease rates year over year Q1 2022. Click below for full report.
Owner motivated, a 1.82 Acre fenced yard listing for lease at 5059 State St in Montclair, California.
AVAILABLE: ±79,279 SF Land (±1.82 AC)
PRICE: $0.20 / SF Gross ($15,855.80 / Mo)
APN#: 1011-301-29-0000
TERM: 6 Months
ZONING: M1
• Fenced Yard
• 1,800 SF Building Included
• Services Available (Water & Power)
• Minutes Away From 10, 60, & 71 Freeways
The 4th quarter Los Angeles / Long Beach Industrial Real Estate Market experienced continued rising sale prices and lease rates.
The Los Angeles / Long Beach Industrial Real Estate market experienced more of the same, high demand and low supply. Sale prices and lease rates for warehouses and industrial properties continue to set all time highs. Click below for full report.
New 1.82 Acre fenced yard listing for lease at 5059 State St in Montclair, California.
AVAILABLE: ±79,279 SF Land (±1.82 AC)
PRICE: $0.28 / SF Gross ($22,198.12 / Mo)
APN#: 1011-301-29-0000
TERM: 6 Months
ZONING: M1
• Fenced Yard
• 1,800 SF Building Included
• Services Available (Water & Power)
• Minutes Away From 10, 60, & 71 Freeways
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
