Sacramento industrial real estate market reports
Q2 2022: Sacramento's industrial market continued to bolster its strength with rising rents, low vacancy, and positive net absorption while adding product to the market at a very fast rate.
With roughly 6 million square feet of delivered product since the beginning of 2021 and another 4.8 million under construction, the growth of the Sacramento industrial market is well positioned for sustained growth.
While significantly lower than previous quarters, Sacramento saw its seventh straight quarter of positive absorption in Q2 2022.
Average Asking Rent
Rents have been on a steady and rapid increase since Q4 2020, rising over 30% from that time.
While available square footage increased in Q2 2022, its only marginal compared to the overall market.
Vacancy increased marginally in Q2 2022, with sublease vacancy seeing a slight uptick from last quarter.
Total sales volume in the region in Q2 2022 increased from last quarter to nearly $250 million, well above historical averages for the region.
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