Skip to main content Skip to footer

Stockton Industrial Market Research Report Q4 2022

Download Report
alt=""
By Kyle Mecker

Northern California’s Central Valley Industrial Update

MR_Stockton_22Q4_IND_175x227The San Joaquin County industrial market vacancy rate at the close of the fourth quarter of 2022 increased by 70 basis points to 6.0 percent. Fourteen speculative buildings and one build-to-suit are currently under construction in the county totaling 7.0M square feet. No new industrial buildings broke ground during the fourth quarter. Two speculative buildings were completed totaling 846,908 square feet in Lathrop. Net absorption in the fourth quarter equaled negative 111,884 square feet, adjusting the year-to-date total net absorption to 5.7 million square feet. Weighted average asking lease rates in San Joaquin County continue to push upwards, ending 2022 at $0.70 per square foot, triple net.

Would you like to have future reports delivered directly to your inbox? Sign-up to this and other regional e-mail delivery lists.

Subscribe Here

alt=""

Stockton Industrial Market Research Report Q4 2022

Download Report
Related Experts
Kyle Mecker | Colliers | Stockton

Kyle Mecker

Senior Research Analyst

Stockton

+1 209 475 5110
Email
View expert
Michael Goldstein | Colliers | Stockton

Michael Goldstein

Executive Managing Director and Vice Chair

Stockton

+1 209 475 5106
Email

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.

View expert