Third Quarter Recap of L.A. Industrial Market
Updated: Oct 9
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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