Los Angeles industrial sees buyer momentum rebuild

Momentum is steadily returning to the Los Angeles industrial capital markets. Q4 2025 recorded 96 transactions, about 26% higher than the start of the year as pricing became more predictable and buyers and sellers gained confidence in where values are settling. A clearer read on comps, steadier rent trends, and more realistic seller expectations helped close the gap that had been holding deals back earlier in the cycle.

Private capital continued to take the lead, accounting for 60.4% of all 2025 acquisitions. With institutions staying selective, private investors focused on infill assets backed by long-term demand drivers like limited land supply and strong logistics positioning. At the same time, owner/users leaned into purchasing to secure control of well-located facilities that fit their operational needs, highlighted by Q4 transactions from Erewhon(110K SF for $51M), Fujitrans USA(150K SF for $47M), and World Trade Printing(89K SF for $23M).

Market conditions are improving as interest rates ease and lenders become more active. Better financing availability and lower borrowing costs are helping rebuild investor confidence, setting the stage for the Los Angeles industrial market to move from stabilization into early recovery in 2026.

Los Angeles
Erick Parulan
Misha Smith