First quarter industrial transaction volume in Los Angeles on a dollar basis — just over $1 billion — was below levels seen during the previous two quarters, as well as the same quarter a year ago. But this is likely more the result of less availability of properties for sale versus waning investor demand, given the strong pricing rent industrial sales have realized.
Los Angeles Industrial Sector on Firm Footing After Strong First Quarter
Rise in Vacancy Has Ceased As Market Saw Greatest Net Absorption in Six Years
By Ryan Patap
CoStar AnalyticsApril 2, 2021 | 7:51 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In