Industrial Construction Starts – Canada Pacific Realty Advisors

Industrial Rents Drop In Southern California For First Time Since 2009
Industrial Rents Drop In Southern California For First Time Since 2009

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Industrial Rents Drop In Southern California For First Time Since 2009

Industrial rents in Southern California dipped in the first quarter, marking the first time they have decreased since 2009, according to the latest data from Savills. The drop is slight, less than $0.15 per SF in both Los Angeles and the Inland Empire, mirroring the size of the slump in 2009, according to Savills [...]

By CP Realty Advisors|2024-04-20T02:01:31+00:00April 19th, 2024|.|Comments Off

Higher Interest Rates, Lower Demand Equals Less Industrial Construction
Higher Interest Rates, Lower Demand Equals Less Industrial Construction

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Higher Interest Rates, Lower Demand Equals Less Industrial Construction

It will take time for the markets to absorb the amount of space delivered over the last two years. During the pandemic, industrial properties were probably the hottest ticket around. The need to distribute and sell products at physical arms-length, the sharp explosion e-commerce, the shutdowns of businesses — logistics, warehousing, and the development [...]

By CP Realty Advisors|2024-03-21T23:00:30+00:00March 21st, 2024|.|Comments Off