SoCal industrial market report (Q4 2021)February 18, 2022
Supply chain disruptions have taken the spotlight at the end of 2021, but industrial real estate fundamentals remain strong.
- 13% e-commerce share of overall retail sales in Q3 2021
- 3.6% change in transportation and warehousing employment
- +32.6% increase in Construction Material Index cost
- +45.2% uptick in diesel fuel prices since October 2020
- +9.9% year-over-year increase in cargo volumes