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Wave of New Industrial Additions Insufficient for Modernizing Sacramento's Dated Inventory

Aging Industrial Stock Makes It Difficult for Sacramento To Compete With Nearby Markets Such As Reno and Stockton
CoStar Analytics
February 27, 2023 | 9:54 P.M.

The Sacramento industrial property market has recorded near-record leasing activity in 2020 and 2021. As the market added more inventory of new modern logistics space, leasing rose accordingly, peaking in 2021, when 11.4 million square feet were leased, equating to 6.2% of total market inventory. Both of those figures were high points for Sacramento's industrial market over the past decade.

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