• dpineda

Third Quarter Recap of L.A. Industrial Market

Updated: Oct 9, 2020

Conditions in the Los Angeles industrial market have softened as a result of the coronavirus pandemic. Vacancy has risen notably from its most recent low in late 2019, and rental rates, which saw cumulative rent growth of 75% during the past decade, have plateaued since the first quarter. However, not all is amiss in the sector, and the current picture looks better than other property types in L.A.

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The information above has been obtained from sources deemed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for illustration only and do not represent the current or future performance of the property.