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2022 Q3 San Fernando Valley and Ventura County Industrial Research Report

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Tight Market Conditions Persist in the Valley

The San Fernando Valley & Ventura County industrial market continues to see strong tenant demand, posting 99,535 SF of positive net absorption. The overall vacancy rate was unchanged at 0.4% in the San Fernando Valley and up 40 basis points to 1.1% in Ventura County. Average asking rates continued to climb with a 5.8% bump in the Valley and 2.9% bump in Ventura. Development activity remains strong with 844,558 SF under construction. The most populous region of Los Angeles, the Valley is home to major motion picture, music recording and television production companies.

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2022 Q3 San Fernando Valley and Ventura County Industrial Research Report

Download Report