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2022 Q3 Greater Los Angeles Industrial Research Report

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INDheroGLA_Q122

Demand Still Strong Despite Economic Uncertainty

The greater Los Angeles industrial market is the largest in the United States, totaling 1.69B SF. It has been characterized by the highest asking rents and lowest vacancy rates of any market in the nation. The Ports of Los Angeles and Long Beach are the primary industrial drivers and are responsible for roughly 40% of all inbound containers into the United States. Over the last 24 months, rental rates have doubled from $0.84 and net absorption has totaled a staggering 72M SF.

INDthumbGLA_Q122

2022 Q3 Greater Los Angeles Industrial Research Report

Download Report