Avison Young's research team provides comprehensive and original intelligence on the commercial real estate market for our clients. Whether you need vacancy rate and absorption details for your local office, industrial or retail market, capitalization rates (cap rates) and sale prices for recent investment properties, or timely overviews of overall market trends, Avison Young offers up-to-date, reliable data coupled with expert insights from our field-based research professionals.

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SoCal Industrial Market Report (Q1 2021)

SoCal Industrial Market Report (Q1 2021) 7 May 2021

Southern California industrial inventory has been one of the brightest spots in commercial real estate during the pandemic.

As e-commerce continues to drive the recovery, SoCal's industrial sector has been a bright spot during the pandemic. While the Inland Empire is at the heart of warehousing and distribution requirements for the SoCal region and the nation, lastmile warehousing needs are driving construction and renovations in Los Angeles and San Diego. Warehousing, manufacturing, and logistics demands registered increased activity over the past year as e-commerce demands ballooned. Consumer expectations are driving demand for speed and diverse inventory from e-commerce, and those expectations are unlikely to diminish as delivery conveniences have now become commonplace. Additionally, foreign investment from Europe and Asia will continue to be drawn to the premium industrial assets in this region.

 

Click here to download the Q1 2021 Southern California Industrial Market Report.