Sacramento industrial real estate market reports
Q3 2023
Over the past decade, Sacramento's industrial and flex sectors doubled in value, fueled by escalating demand in logistics and e-commerce. While the construction pace slowed in 2023, the market displayed remarkable resilience both during the pandemic and as we emerge from it. Despite rising interest rates, industrial vacancy remains robust, presenting a promising outlook as an affordable alternative to the Bay Area, notwithstanding some challenges in the commercial real estate sector.
Sales Valuations
Sales volume drop off, but valuations remain strong.
Net absorption
Q3 ends an eleven-quarter streak of positive net absorption.
Vacancy
Industrial vacancy remains strong.
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