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2021 Q2 Stockton/Central Valley Industrial Market Research Report

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Northern California’s Central Valley Industrial Update

MR_SCK_21Q2_IND_175x227The San Joaquin County industrial market has continued to outperform with record activity and vacancy decreasing by 40 basis points to 6.1 percent mid-year 2021. The county is on track to outperform the already record level of gross absorption that had been observed in 2020 during the COVID-19 pandemic with 6.2 million square feet by the close of the second quarter 2021 year-to-date. The quarterly net absorption observed during the second quarter totaled 2.6 million square feet, increasing the year-to-date total to 4.5 million square feet.

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2021 Q2 Stockton/Central Valley Industrial Market Research Report

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Related Experts

Kyle Mecker

Senior Research Analyst

Stockton

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Michael Goldstein

Executive Managing Director & SVP

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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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