The 2023, 2nd Quarter Industrial Real Estate Market report for the San Gabriel Valley, submarket of the LA Industrial Market.
The San Gabriel Valley Industrial Market remains robust.
The 2023, 2nd Quarter Industrial Real Estate Market report for the San Gabriel Valley, submarket of the LA Industrial Market.
The San Gabriel Valley Industrial Market remains robust.
The Industrial Real Estate Market in the San Gabriel Valley experienced continued low vacancy, but some rate reductions and landlord concessions are starting to occur.
Demand persisted in the San Gabriel Valley Industrial Real Estate Market in the 1st Quarter of 2023. Despite new construction coming on-line and slightly higher vacancy rates, functional space remains in short supply. Direction on the other hand does feel like its shifting somewhat with a few rate reductions and concessions being made by landlords.
The San Gabriel Valley Market benefits from the region's proximity to major ports, transportation infrastructure and a large population center. E-commerce and logistics companies are driving much of the demand for industrial real estate, as they seek larger and more functional warehouses and distribution centers to support their operations.
Overall, the San Gabriel Valley industrial real estate market is expected to remain strong in the near term, with continued demand, although rising interest rates do seem to be having a slowing effect on the market.
The Los Angeles Industrial Real Estate submarket in the San Gabriel Valley experierence continued increases in sale prices and lease rates in the 2nd Quarter of 2022.
Continued low vancancy rates and strong demand fueled repeated increases in sales prices and lease rates in the San Gabriel Valley Industrial Real Estate Market. Click below for full report.
The Commercial Real Estate Industrial submarket of Los Angeles, California in the San Gabriel Valley saw impressive gains in leasing and sales in the 1st Quarter of 2021.
The San Gabriel Valley saw impressive gains in leasing and sales activity in the 1st quarter of 2021 in the Industrial Commercial Real Estate segment. The top lease was a 572,240 SF transaction in El Monte and top sale a $33M deal in Pasadena. Click below for full report.
The 3rd quarter of 2020 saw continued rental rate growth and further reductions in the inventory levels in the San Gabriel Valley Industrial Market.
The vacancy rate continued its downward trend in the San Gabriel Valley, a submarket of the Los Angeles Industrial Real Estate Market, since peaking in Q1 of 2020. Rent growth also continued its upward trend since dropping in Q4 of 2019. Industrial Real Estate inventory levels remain low as interest rates continue to spur buying activity and COVID related consumer preference changes drive space demand from brick & mortar to e commerce & warehouse. Click here for full report.
