Year-to-date industrial leasing volumes represent a clear moderation from the breakneck activity seen in 2021. The first half of this year saw an estimated 15 million square feet of deals signed, around 55% of the activity experienced in the first half of 2021. As a result, there was a modest uptick in vacancy across the Los Angeles industrial market during the second quarter.
Los Angeles Industrial Shows Leasing Deceleration From Record 2021
Volumes Clearly Cooling in First Half of 2022
By Ryan Patap
CoStar Analytics
July 18, 2022 | 8:44 P.M.
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