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2021 Q1 Stockton/Central Valley Industrial Market Research Report

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By Kyle Mecker

Demand and Conquer

MR_SCK_21Q1_IND_175x227A strong Northern California Central Valley industrial real estate market in San Joaquin County continues to exhibit record activity as the first quarter of 2021 closes with vacancy decreasing by 140 basis points to 6.5 percent. A total of five transactions greater than 100,000 square feet were executed totaling 1.87 million square feet, removing three institutional quality vacant industrial buildings from the market. Four Class A, big box warehouses in San Joaquin County remain available at the close of the quarter. Vacancy is down 50 basis points YOY from the first quarter of 2020 as COVID-19 entered pandemic levels.

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2021 Q1 Stockton/Central Valley Industrial Market Research Report

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Kyle Mecker | Colliers | Stockton

Kyle Mecker

Senior Research Analyst

Stockton

+1 209 475 5110
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Michael Goldstein | Colliers | Stockton

Michael Goldstein

Executive Managing Director and Vice Chair

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+1 209 475 5106
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I am the Executive Managing Director for the Stockton/Central Valley office of Colliers International. My core focus is representing clients in all aspects of industrial real estate including land sales, investment sales, buyer/tenant site selection and acquisition and landlord/seller marketing and disposition.  I unsurpassed knowledge, strong relationships and credibility in the market creates opportunities for my clients.  Me and my team average more than 100 transactions annually, involving warehouse/ distribution centers, manufacturing facilities, flex buildings, special purpose properties and land throughout the San Joaquin Central Valley.

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