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LA industrial market tightens for the first time in years

Record leasing reduces available space, particularly near the ports
Divergent, a 3D printing military technology company, leased a 415,000-square-foot building in Long Beach for expansion. (CoStar)
Divergent, a 3D printing military technology company, leased a 415,000-square-foot building in Long Beach for expansion. (CoStar)
CoStar Analytics
September 10, 2026 | 6:09 P.M.

Record leasing activity is beginning to reverse the rise in available industrial space across Los Angeles, as tenants are committing to space faster than new listings are coming to market. Leasing volume reached a record 12.8 million square feet in the second quarter, helping push market availability down to 7.9%.

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