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2022 Q1 San Fernando Valley and Ventura County Industrial Research Report

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The Valley Continues to See Unprecedented Rental Rate Growth

The San Fernando Valley & Ventura County industrial market didn’t press pause to kick off the new year, posting 927K SF of positive net absorption. The overall vacancy rate was unchanged at 0.5% quarter over quarter and 120 basis points below its mark from one year ago. Construction activity remains healthy with 752K SF currently underway.  The most populous region of Los Angeles, the Valley, is home to major motion picture, music recording and television production companies.  The pandemic put a stop on movie/television production for a good part of 2020, but production is back to full capacity and the Valley is booming.

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2022 Q1 San Fernando Valley and Ventura County Industrial Research Report

Download Report