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2021 Q4 Pleasanton/Tri-Valley Industrial Market Research Report

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A Year In Review

MR_PLS_21Q4_IND_175x227The industrial market had an incredible year, as vacancy levels dropped and asking rates increased. Overall vacancy decreased 120 basis points to 5.2 percent year-over-year, a statistic not reported since Q1 2020. Marketwide absorption recorded positive net gains for the third consecutive quarter, reporting nearly 400,000 square feet year-to-date. Asking rates increased 7.5 percent to $0.86 per square foot compared to one year ago. As deal velocity accelerated in the fourth quarter, the industrial market reported more than half a million square feet in completed transactions, bringing the year-to-date total to 1.2 million square feet.

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2021 Q4 Pleasanton/Tri-Valley Industrial Market Research Report

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Lisa Kohler | Colliers | Pleasanton

Lisa Kohler

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+1 925 227 6236
Email

Lisa is a member of the highly acclaimed Pleasanton Administrative team. 

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Michael Carrigg | Colliers | Pleasanton

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