The 3rd Quarter 2021 Industrial Real Estate Market Report for the Los Angeles - Long Beach Market.
The market continues to set record sale prices and lease rates as vacancies remain at historic lows. Click below for full report.
The 3rd Quarter 2021 Industrial Real Estate Market Report for the Los Angeles - Long Beach Market.
The market continues to set record sale prices and lease rates as vacancies remain at historic lows. Click below for full report.
Informative video from AIR that provides a great "overview of key SoCal market stats" as they relate to Industrial Real Estate and more.
The third quarter led to the most 3 month net absorption in 17 years.
Over 1.8M SF of space was leased by Industrial Users in the 3rd Quarter of 2021, a record for a 3-month period in the last 17 years. Vacancy rates prolonged their downward trend as demand continues to outstrip supply. E-Commerce continued to lead the charge as many Industrial segments persist in experiencing pandemic related growth. Click below for full report.
After 2 days on the market, the industrial fenced yard leases!
The property was on the market for only 2 days due to high demand and low supply of fenced yard properties. Look for another larger property coming available for lease short term nearby. This is the 3rd deal Mgrublian has done in Pomona the past couple months, watch out for more to come! Click below for more information.
Representing a 1031 buyer, Mgrublian sells another property in Pomona, CA
Representing the seller of 100 & 101 Mountain View in Pomona, CA Ron Mgrublian found the upleg portion of 1031 exchange transaction at 160 N San Antonio Ave in Pomona California. Click below for more information.
The Industrial segment of the Los Angeles-Long Beach Commercial Real Estate Market continued to rocket up with large gains in lease rates and sale prices.
Already low vacancy rates shrunk to 1.1% as lease rates and sales prices continue their ascent. An unprecedented 20% growth in rent rates was experienced in Q2 of 2021 and average sale prices increase by 37%! Click the below link for the full report.
