Market Report Q ///////// Los Angeles Industrial. ///////////////L o s A n g e l e s /////////////

Size: px
Start display at page:

Download "Market Report Q ///////// Los Angeles Industrial. ///////////////L o s A n g e l e s /////////////"

Transcription

1 ///////////////L o s A n g e l e s ///////////// ///////////O r a n g e C o u n t y /////////// ////////////V e n t u r a ///////////////// ////////// I n l a n d E m p i r e //////////// Market Report ///////// Los Angeles Industrial / / / / /////P h o e n i x ///////////////// Although all information is furnished regarding for sale, rental or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental O N C O R INTERNATIONAL

2 MARKET REPORT Industrial Los Angeles County MARKET ACTIVITY KEY TAKE AWAYS ECONOMIC OUTLOOK MARKET D Direct Vacancy 2.3% Net Absorption +1,948,655 SF V Overall Vacancy 2.5% Gross Absorption 9,447,13 SF Vacancy Rate: drops for 3rd straight quarter. Net Absorption: Strongest level of. Asking Rents: Continue to push all-time highs. Sale Price: Declines in pricing begin to materialize in with a drop of 4.4%. Leasing Activity: Declines for 4th straight quarter. Industrial Supply: Repurposing of Industrial supply to creative office or multi-family use is a trend that is here to stay as older buildings are no longer serving their highest & best use. U.S. Employment 3.9% Interest Rate 4.6% (3 year fixed) U6 Rate 7.6% Changing GDP 2.8% ECONOMIC OUTLOOK Under Construction 4,837,355 SF Sale Price Change -4.4% Rental Rates (NNN) $.96 Deal Volume -33.1% Interest Rates: The Fed is anticipating two (2) hikes in 219; increasing borrowing costs. Trade: Tensions remain with China. USMCA still awaiting congressional ratification. Stock Market: Increased volatility, but corporate fundamentals remain strong. Oil: Crude Oil dropped 39% in. Prices expected to remain low due to over-supply. Reduced transportation costs should benefit markets further away from ports. Port Traffic Y/Y Δ 1.5% Inflation Change +2.2% NYSE Performance -14.4% 1 Yr. - 2 Yr. Spread 15 BPS EXPERIENCE IN A CHANGING express representation is made nor is any to be implied as to the accuracy thereof, and it is submitted subject to errors, omissions, changes of price, rental O N C O R INTERNATIONAL

3 Los Angeles Industrial //// ///////// Market Report OVERALL VACANCY Overall vacancy falls for 3rd straight quarter HIGHEST RATE OF POSITIVE NET ABSORPTION IN 5 QUARTERS Direct Vacancy Total Vacancy Historical Average Net Absorption SF Direct Overall Vacancy 7.% 6.% 5.% 4.% 3.% 2.% 1.%.% 5,, 4,, 3,, 2,, 1,, -1,, -2,, -3,, -4,, -5,, -6,, 6.% 5.% 4.% 3.% 2.% 1.%.% GROSS ABORPTION BELOW HISTORIC AVG FOR 3RD STRAIGHT Q ASKING RENTS RISE TO ALL-TIME HIGHS Gross Absorption SF Total Historical Average NNN Rent Direct Overall Vacancy 25,, 2,, 15,, 1,, 5,, $1.1 $1. $.9 $.8 $.7 $.6 $.5 $.4 $.3 $.2 6.% 5.% 4.% 3.% 2.% 1.%.%

4 Los Angeles Industrial //// ///////// Market Report LEASING ACTIVITY DECLINE CONTINUES CONSTRUCTION ACTIVITY INCREASES FOR 2ND STRAIGHT QUARTER Leasing Activity SF Direct Leasing Activity SF Sublet Under Construction SF 2,, 18,, 16,, 14,, 12,, 1,, 8,, 6,, 4,, 2,, 12,, 1,, 8,, 6,, 4,, 2,, SALE PRICES SEE SIGNIFICANT DIP Central/SE LA San Gabriel Valley Med. Price PSF $2,,, $1,5,, $1,,, $5,, LA-North LA-West/South $25. $2. $15. $1. $5. $ $.

5 Los Angeles Industrial //// ///////// Market Report SQUARE FOOT BREAKDOWN 916,34,462 SF MARKET SIZE VACANCY BREAKDOWN Direct Vacancy Rate Overall Vacancy Rate 19% 24% 39% Central/ SE LA LA- North San Gabriel Valley West/ South LA 3.% 2.5% 2.% 1.5% 1.%.5% 2.77% 2.59% 2.9% 2.48% 2.15% 1.97% 2.44% 2.16% 18%.% Central/ SE LA LA- North San Gabriel Valley West/ South LA AVERAGE RENT PSF VOLUME BREAKDOWN Average Industrial Rent Sales Volume Price PSF $1.2 $1. $.8 $.6 $.4 $.2 $. $.89 $1.4 $.86 Central/ SE LA LA- North San Gabriel Valley $1.5 West/ South LA $5,,. $45,,. $4,,. $35,,. $3,,. $25,,. $2,,. $15,,. $1,,. $5,,. $. Central/ SE LA LA- North San Gabriel Valley West/ South LA $3. $25. $2. $15. $1. $5. $.

6 National Economic Overview //// GDP GROWS 2.7% IN 4TH QUARTER Real GDP Average Real GDP 1% 8% 6% 4% 2% % -2% -4% -6% -8% -1% ' '1 '2 '3 '4 '5 '6 '7 '8 '9 '1 '11 '12 '13 '14 '15 '16 '17 '18 5,, 4,5, 4,, 3,5, 3,, 2,5, 2,, 1,5, 1,, 5, PORT ACTIVITY IS AT AN ALL-TIME HIGH Imports Exports Empties 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q 1Q 3Q *2.8% for 4Q18 based on Fed Reserve Bank of Atlanta "GDP Now" Forecast UNEMPLOYMENT CONTINUES DOWNWARD TREND MOST INDUSTRY SECTORS CONTINUE TO SEE GROWTH Recession U6 Rate Official Rate 18% 16% 14% 12% 1% 8% 6% 4% 2% % ' '1 '2 '3 '4 '5 '6 '7 '8 '9 '1 '11 '12 '13 '14 '15 '16 '17 '18 Government Other Services Leisure and Hospitality Education and Health Services Professional and Business Services Financial Activities Information Utilities Transportation and Warehousing Retail Trade Wholesale Trade Manufacturing Construction Mining and Logging

7 National Economic Overview //// INFLATION REMAINS IN CHECK INTEREST RATES Recession CPI All Item Less Food & Energy Fed Inflation Target 6% 5% 4% 3% 2% 1% % -1% -2% '1 '2 '3 '4 '5 '6 '7 '8 '9 '1 '11 '12 '13 '14 '15 '16 '17 '18 Recessions 1-Yr Treasury Rates Federal Funds Rate 3-Yr. Fixed Rate Mortgage 1% 9% 8% 7% 6% 5% 4% 3% 2% 1% % ' '1 '2 '3 '4 '5 '6 '7 '8 '9 '1 '11 '12 '13 '14 '15 '16 '17 '18 NYSE SEES 14.45% DIP IN 4TH QUARTER BOND SPREAD CONTINUES TO NARROW 15 BASIS POINTS Recession DOW Jones S&P 5 NASDAQ Recession Bond Spread 15% 1% 5% % -5% -1% -15% ' '1 '2 '3 '4 '5 '6 '7 '8 '9 '1 '11 '12 '13 '14 '15 '16 '17 '18 3.% 2.5% 2.% 1.5% 1.%.5%.% -.5% -1.% ' '1 '2 '3 '4 '5 '6 '7 '8 '9 '1 '11 '12 '13 '14 '15 '16 '17 '18

8 Los Angeles Industrial //// ///////// Market Report METHODOLOGY & TERMINOLOGY Methodology Industrial and flex (R & D) buildings that are 5, square feet and greater. Direct Vacant SF Space that is vacant and ready for occupancy by a user. The space is being offered for lease or sale directly from the landlord. Total Vacant W/ Sublet SF Space that is vacant and ready for occupancy by a user. The space is being offered for lease or sale by the landlord or for sublease by the current tenant. Direct Vacancy Rate Total vacant direct space (vacant space for lease or sale from the landlord or owner) divided by the total rentable square footage for existing buildings only. Vacancy W/ Sublet Rate Total vacant direct space and sublease space divided by the total rentable square footage for existing buildings only. Gross Absorption The total change in occupied space over a given period of time, counting space that is occupied but not space that is vacated by tenants. Gross absorption differs from leasing activity, which is the sum of all space leased over a certain period of time. Net Absorption The net change in occupied space over a given period of time, calculated by summing all the positive changes in occupancy (move ins) and subtracting all the negative changes in occupancy (move outs). Under Construction Planned buildings for which construction has started but have not yet been granted a Certificate of Occupancy. Planned buildings are not included. Completed in New buildings with original construction completed in the year and granted a Certificate of Occupancy. Renovated buildings are not included DAUM OFFICES LOS ANGELES, CALIFORNIA 81 S. Figueroa Street, Suite 6 Los Angeles, CA LOS ANGELES NORTH, CALIFORNIA 2182 Burbank Boulevard, Suite 21 Woodland Hills, CA SANTA CLARITA VALLEY, CALIFORNIA Westinghouse Place, Suite 312 Valencia, CA SAN GABRIEL VALLEY, CALIFORNIA Crossroads Pkwy. N, Suite 1 City of Industry, CA SOUTH BAY, CALIFORNIA 125 W. 19th Street, Suite 42 Gardena, CA MID-COUNTIES, CALIFORNIA 1381 Cerritos Corporate Drive, Suite C Cerritos, CA ORANGE COUNTY, CALIFORNIA 44 MacArthur Boulevard, Suite 95 Newport Beach, CA VENTURA & SANTA BARBARA, CALIFORNIA 751 Daily Drive, Suite 15 Camarillo, CA INLAND EMPIRE, CALIFORNIA 3595 E. Inland Empire Boulevard, Bldg. 5 Ontario, CA PHOENIX ARIZONA 172 E. Highland Avenue, Suite 12 Phoenix, AZ

Market Report Q ///////// Orange County Industrial. ///////////////L o s A n g e l e s /////////////

Market Report Q ///////// Orange County Industrial. ///////////////L o s A n g e l e s ///////////// ///////////////L o s A n g e l e s ///////////// ///////////O r a n g e C o u n t y /////////// ////////////V e n t u r a ///////////////// ////////// I n l a n d E m p i r e //////////// Market Report

More information

Market Report Q ///////// Los Angeles Industrial. ///////////////L o s A n g e l e s /////////////

Market Report Q ///////// Los Angeles Industrial. ///////////////L o s A n g e l e s ///////////// ///////////////L o s A n g e l e s ///////////// ///////////O r a n g e C o u n t y /////////// ////////////V e n t u r a ///////////////// ////////// I n l a n d E m p i r e //////////// Market Report

More information

Market Report Q ///////// Inland Empire Industrial. ///////////////L o s A n g e l e s /////////////

Market Report Q ///////// Inland Empire Industrial. ///////////////L o s A n g e l e s ///////////// ///////////////L o s A n g e l e s ///////////// ///////////O r a n g e C o u n t y /////////// ////////////V e n t u r a ///////////////// ////////// I n l a n d E m p i r e //////////// Market Report

More information

Q Market Report

Q Market Report ///////////////L o s A n g e l e s ///////////// ///////////O r a n g e C o u n t y /////////// ////////////V e n t u r a ///////////////// ////////// I n l a n d E m p i r e //////////// Market Report

More information

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS PHOENIX, ARIZONA INDUSTRIAL THIRD QUARTER 217 QUICK STATS Direct Vacancy 8.7% Overall Vacancy 9.% Lease Rate NNN $.54 Gross Absorption Under Construction MARKET TRENDS Current Quarter 5,991,128 SF 4,751,494

More information

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS. Current Quarter. Direct Vacancy 2.

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS. Current Quarter. Direct Vacancy 2. LOS ANGELES NORTH INDUSTRIAL THIRD QUARTER 218 QUICK STATS Direct Vacancy 2.3% Overall Vacancy 2.6% Lease Rate NNN $1.1 Gross Absorption Under Construction MARKET TRENDS Current Quarter 1,632,564 SF 595,199

More information

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS ORANGE COUNTY INDUSTRIAL FOURTH QUARTER 217 QUICK STATS Direct Vacancy 2.3% Overall Vacancy 2.7% Lease Rate NNN $.91 Gross Absorption Under Construction MARKET TRENDS Current Quarter 4,283,991 SF 963,138

More information

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS. Current Quarter. Direct Vacancy 2.

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS. Current Quarter. Direct Vacancy 2. ORANGE COUNTY INDUSTRIAL SECOND QUARTER 218 QUICK STATS Direct Vacancy 2.2% Overall Vacancy 2.5% Lease Rate NNN $.95 Gross Absorption Under Construction MARKET TRENDS Current Quarter 2,956,71 SF 1,367,18

More information

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS LOS ANGELES SAN GABRIEL VALLEY OFFICE SECOND QUARTER 218 QUICK STATS Direct Vacancy 11.1% Overall Vacancy 11.4% Lease Rate FSG $2.32 Gross Absorption Under Construction MARKET TRENDS Current Quarter 345,68

More information

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS LOS ANGELES NORTH OFFICE FOURTH QUARTER 217 QUICK STATS Direct Vacancy 11.8% Overall Vacancy 12.5% Lease Rate FSG $2.75 Gross Absorption Under Construction MARKET TRENDS Current Quarter 1,6,941 SF 89,158

More information

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS VENTURA COUNTY INDUSTRIAL FOURTH QUARTER 217 QUICK STATS Direct Vacancy 2.1% Overall Vacancy 2.4% Lease Rate NNN $.7 Gross Absorption Under Construction MARKET TRENDS Current Quarter 1,332,957 SF 774,362

More information

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS LOS ANGELES CENTAL/SOUTHEAST OFFICE THIRD QUARTER 218 QUICK STATS Direct Vacancy 14.7% Overall Vacancy 15.2% Lease Rate FSG $3.16 Gross Absorption Under Construction MARKET TRENDS Change from Last Quarter

More information

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS INLAND EMPIRE OFFICE THIRD QUARTER 217 QUICK STATS Direct Vacancy 11.4% Overall Vacancy 11.7% Lease Rate FSG $1.83 Gross Absorption Under Construction MARKET TRENDS Current Quarter 529,634 SF 45,24 SF

More information

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS ORANGE COUNTY OFFICE THIRD QUARTER 217 QUICK STATS Direct Vacancy 12.1% Overall Vacancy 12.9% Lease Rate FSG $2.61 Gross Absorption Under Construction MARKET TRENDS Current Quarter 2,479,293 SF 379, SF

More information

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

OFFICE QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS VENTURA COUNTY OFFICE THIRD QUARTER 217 QUICK STATS Direct Vacancy 13.9% Overall Vacancy 14.3% Lease Rate FSG $2.25 Gross Absorption Under Construction MARKET TRENDS Current Quarter 34,43 SF 18,112 SF

More information

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS

INDUSTRIAL QUICK STATS SUMMARY & OUTLOOK MARKET TRENDS VACANCY & NET ABSORPTION ECONOMIC STATS INLAND EMPIRE INDUSTRIAL FOURTH QUARTER 217 QUICK STATS Direct Vacancy 5.1% Overall Vacancy 5.3% Lease Rate NNN $.57 Gross Absorption Under Construction MARKET TRENDS Current Quarter 9,23,744 SF 16,31,563

More information

MARKET WATCH SOUTHERN CALIFORNIA & PHOENIX

MARKET WATCH SOUTHERN CALIFORNIA & PHOENIX SOUTHERN CALIFORNIA & PHOENIX COMMERCIAL REAL ESTATE MARKET FOURTH QUARTER 217 MARKET WATCH SOUTHERN CALIFORNIA & PHOENIX 1.888.659.DAUM WWW.DAUMCOMMERCIAL.COM D/AQ Corp. # 1129558 DAUM TABLE OF CONTENTS

More information

16th& SANTEE. CREATIVE & RETAIL UNITS PRIME FASHION DISTRICT LOCATION 16th & Santee St., Los Angeles, CA DOWNTOWN LOS ANGELES FOR LEASE

16th& SANTEE. CREATIVE & RETAIL UNITS PRIME FASHION DISTRICT LOCATION 16th & Santee St., Los Angeles, CA DOWNTOWN LOS ANGELES FOR LEASE CREATIVE & RETAIL UNITS PRIME FASHION DISTRICT LOCATION 16th & Santee St., Los Angeles, CA 90015 DOWNTOWN LOS ANGELES For more information please contact: Jerry Sackler P. 213.270.2267 CA #01098039 jerry.sackler@daumcommercial.com

More information

San Fernando Valley & Ventura County End 2015 On A Positive Note

San Fernando Valley & Ventura County End 2015 On A Positive Note OFFICE SAN FERNANDO & MARKET REPORT San Fernando Valley & Ventura County End 2015 On A Positive Note MARKET OVERVIEW MARKET INDICATORS - VACANCY 15.4% NET ABSORPTION 74,400 CONSTRUCTION 120,933 RENTAL

More information

>> Greater Los Angeles Retail Starts 2016 On a Positive Note

>> Greater Los Angeles Retail Starts 2016 On a Positive Note Research & Forecast Report GREATER LOS ANGELES RETAIL Accelerating success. >> Greater Los Angeles Retail Starts 2016 On a Positive Note Greater Los Angeles Retail Market The Los Angeles Basin retail market

More information

Negative Absorption Recorded For The First Time In Past Nine Quarters

Negative Absorption Recorded For The First Time In Past Nine Quarters OFFICE SAN FERNANDO & VENTURA MARKET REPORT Negative Absorption Recorded For The First Time In Past Nine Quarters MARKET OVERVIEW MARKET INDICATORS - VACANCY 15.6% NET ABSORPTION -124,000 CONSTRUCTION

More information

>> Greater Los Angeles Retail Ends 2016 With Mixed Results

>> Greater Los Angeles Retail Ends 2016 With Mixed Results Research & Forecast Report GREATER LOS ANGELES RETAIL Q4 2016 Accelerating success. >> Greater Los Angeles Retail Ends 2016 With Mixed Results Greater Los Angeles Retail Market The Los Angeles Basin retail

More information

>> Greater Los Angeles Retail Continues to Witness Declining Vacancy

>> Greater Los Angeles Retail Continues to Witness Declining Vacancy Research & Forecast Report GREATER LOS ANGELES RETAIL Accelerating success. >> Greater Los Angeles Retail Continues to Witness Declining Vacancy Greater Los Angeles Retail Market The Los Angeles Basin

More information

>> Greater Los Angeles Retail Continues to Witness Declining Vacancy

>> Greater Los Angeles Retail Continues to Witness Declining Vacancy Research & Forecast Report GREATER LOS ANGELES RETAIL Accelerating success. >> Greater Los Angeles Retail Continues to Witness Declining Vacancy Greater Los Angeles Retail Market The Los Angeles Basin

More information

Positive Net Absorption Recorded For The Ninth Consecutive Quarter

Positive Net Absorption Recorded For The Ninth Consecutive Quarter OFFICE SAN FERNANDO & VENTURA MARKET REPORT Positive Net Absorption Recorded For The Ninth Consecutive Quarter MARKET OVERVIEW MARKET INDICATORS - VACANCY 15.2% NET ABSORPTION 116,700 CONSTRUCTION 120,933

More information

>> Greater Los Angeles Retail Starts 2017 At A Slow Pace

>> Greater Los Angeles Retail Starts 2017 At A Slow Pace Research & Forecast Report GREATER LOS ANGELES RETAIL Q1 2017 Accelerating success. >> Greater Los Angeles Retail Starts 2017 At A Slow Pace Greater Los Angeles Retail Market The Los Angeles Basin retail

More information

San Fernando Valley & Ventura County Industrial Market $0.48 1Q11 1Q12 1Q13 1Q14 1Q15

San Fernando Valley & Ventura County Industrial Market $0.48 1Q11 1Q12 1Q13 1Q14 1Q15 industrial SAN FERNANDO VALLEY & VENTURA COUNTY market report Rents Continue To Rise As Vacancy Rate Continues To Decrease Market overview MARKET indicators - VACANCY 2.9% AVAILABILITY 5.2% NET ABSORPTION

More information

2019 Housing Market Forecast. Palos Verdes Peninsula AOR January 8, 2019 Jordan G. Levine Senior Economist

2019 Housing Market Forecast. Palos Verdes Peninsula AOR January 8, 2019 Jordan G. Levine Senior Economist 2019 Housing Market Forecast Palos Verdes Peninsula AOR January 8, 2019 Jordan G. Levine Senior Economist Overview Good News: Economic fundamentals solid Homeownership still the dream Rates might not go

More information

Positive Net Absorption Recorded For The Fourth Consecutive Quarter

Positive Net Absorption Recorded For The Fourth Consecutive Quarter OFFICE SAN FERNANDO & MARKET REPORT Positive Net Absorption Recorded For The Fourth Consecutive Quarter MARKET OVERVIEW MARKET INDICATORS - VACANCY 16.7% NET ABSORPTION 25,4 CONSTRUCTION 12,3 RENTAL RATE

More information

Vacancy Net Absorption Construction Rental Rate. Vacancy Rate 1.7% Change from Q3 17 (Basis Points) -20 BPS. Construction Completions

Vacancy Net Absorption Construction Rental Rate. Vacancy Rate 1.7% Change from Q3 17 (Basis Points) -20 BPS. Construction Completions Forecast Vacancy Net Absorption Construction Rental Rate Vacancy Rate 1.7% Change from Q3 17 (Basis Points) -2 BPS Net Absorption 394,4 Construction Completions 191,7 Average Asking Rent Change from Q3

More information

>> Negative Net Absorption Despite Completions

>> Negative Net Absorption Despite Completions Research & Forecast Report MID-COUNTIES INDUSTRIAL Accelerating success. >> Negative Net Absorption Despite Completions Key Takeaways > This quarter, 542,000 square feet of industrial space finished construction,

More information

HISTORICAL VACANCY VS RENTS. San Fernando Valley & Ventura County Industrial Market RENTS VACANCY 1Q10 1Q11 1Q12 1Q13 1Q14

HISTORICAL VACANCY VS RENTS. San Fernando Valley & Ventura County Industrial Market RENTS VACANCY 1Q10 1Q11 1Q12 1Q13 1Q14 INDUSTRIAL SAN FERNANDO VALLEY & VENTURA COUNTY MARKET REPORT Positive Demand For Space Leads To A 4.% Vacancy Rate MARKET OVERVIEW MARKET INDICATORS - VACANCY 4.% AVAILABILTY 6.7% NET ABSORPTION +531,8

More information

>> Construction Boom Continues Into 2016

>> Construction Boom Continues Into 2016 Research & Forecast Report GREATER L.A. INDUSTRIAL Accelerating success. >> Construction Boom Continues Into 2016 Key Takeaways > The Greater Los Angeles Basin industrial market delivered 6,099,400 SF

More information

Orange County Office Market Continues A Positive Stride Into 2016

Orange County Office Market Continues A Positive Stride Into 2016 OFFICE ORANGE COUNTY MARKET REPORT Continues A Positive Stride Into 2016 MARKET OVERVIEW MARKET INDICATORS - VACANCY 12.8% NET ABSORPTION 143,900 CONSTRUCTION 594,300 RENTAL RATE $2.31 P FSG UNEMPLOYMENT

More information

Los Angeles Basin Retail Market Continues To Witness Decreasing Vacancy Rates

Los Angeles Basin Retail Market Continues To Witness Decreasing Vacancy Rates RETAIL GREATER LOS ANGELES BASIN MARKET REPORT Continues To Witness Decreasing Vacancy Rates MARKET INDICATORS - VACANCY 6. NET ABSORPTION 588,800 CONSTRUCTION 3,312,470 RENTAL RATE $2.04 P NNN UNEMPLOYMENT

More information

Vacancy Net Absorption Construction Rental Rate. Vacancy Rate 2.5% Change from Q2 17 (Basis Points) +30 BPS. GLA Industrial Market.

Vacancy Net Absorption Construction Rental Rate. Vacancy Rate 2.5% Change from Q2 17 (Basis Points) +30 BPS. GLA Industrial Market. Q4 2017 Forecast Vacancy Net Absorption Construction Rental Rate Vacancy Rate 2.5% Change from Q2 17 (Basis Points) +30 BPS Net Absorption 4,787,900 SF Construction Completions 11,127,200 SF Under Construction

More information

>> Asking Rents Increase As Space Remains Limited

>> Asking Rents Increase As Space Remains Limited Research & Forecast Report MID-COUNTIES INDUSTRIAL Accelerating success. >> Asking Rents Increase As Space Remains Limited Key Takeaways > Average asking rents increased $0.02 Per Square Foot (P) Triple

More information

2018 Housing Market Outlook. Central Coast Realty Group Business Symposium February 22, 2018 Oscar Wei Senior Economist

2018 Housing Market Outlook. Central Coast Realty Group Business Symposium February 22, 2018 Oscar Wei Senior Economist 2018 Housing Market Outlook Central Coast Realty Group Business Symposium February 22, 2018 Oscar Wei Senior Economist Overview Economic Update California Housing Market Outlook Regional Housing Market

More information

MAR KET GLANCE SAN DIEGO OFFICE MARKET REPORT PROPERTY SERVICES DEVELOPMENT INVESTMENT FOURTH QUARTER 2015 PROPERTY SERVICES DEVELOPMENT INVESTMENT

MAR KET GLANCE SAN DIEGO OFFICE MARKET REPORT PROPERTY SERVICES DEVELOPMENT INVESTMENT FOURTH QUARTER 2015 PROPERTY SERVICES DEVELOPMENT INVESTMENT AT A SAN DIEGO OFFICE MARKET REPORT FOURTH QUARTER 215 AT A NEW SUPPLY PUSHES VACANCY RATES HIGHER San Diego s regional economy has been buzzing and added a net total of 37,8 jobs in the 12 months ending

More information

Los Angeles Basin Retail Market Witnessed A Slight Increase In Vacancy Rates

Los Angeles Basin Retail Market Witnessed A Slight Increase In Vacancy Rates RETAIL GREATER LOS ANGELES BASIN MARKET REPORT Witnessed A Slight Increase In Vacancy Rates MARKET INDICATORS - VACANCY 6.2% NET ABSORPTION -551,200 CONSTRUCTION 1,946,000 RENTAL RATE $1.96 P NNN UNEMPLOYMENT

More information

Negative Absorption And Sharp Rise In Total Vacancy to Begin 2014

Negative Absorption And Sharp Rise In Total Vacancy to Begin 2014 OFFICE TRI-CITIES MARKET REPORT Negative Absorption And Sharp Rise In Total to Begin 214 MARKET OVERVIEW MARKET INDICATORS - VACANCY 19.4% NET ABSORPTION -154,9 CONSTRUCTION 155, RENTAL RATE $2.63 P UNEMPLOYMENT

More information

San Fernando Valley and Ventura County Witness Declining Vacancy

San Fernando Valley and Ventura County Witness Declining Vacancy OFFICE SAN FERNANDO & VENTURA MARKET REPORT San Fernando Valley and Ventura County Witness Declining MARKET OVERVIEW The San Fernando Valley and Ventura County office market saw total vacancy decrease

More information

>> Rents Rise To Highest Point Ever

>> Rents Rise To Highest Point Ever Research & Forecast Report SAN FERNANDO VALLEY & VENTURA COUNTY INDUSTRIAL Accelerating success. >> Rents Rise To Highest Point Ever Key Takeaways > Asking rental rates rose $.2 P NNN to $.69 P NNN. Rents

More information

>> 2017 Begins With Continued Strong Demand

>> 2017 Begins With Continued Strong Demand Research & Forecast Report Central Los Angeles OFFICE Q1 217 Accelerating success. >> 217 Begins With Continued Strong Demand Key Takeaways > Hudson Pacific's Icon at Sunset property delivered 323,3 square

More information

RENTS VACANCY $2.10 1Q11 1Q12 1Q13 1Q14 1Q15

RENTS VACANCY $2.10 1Q11 1Q12 1Q13 1Q14 1Q15 office Greater LOS ANGELES basin market report Rising Rents and Positive Absorption Lead to Tightening Market Conditions EXECUTIVE SUMMARY MARKET indicators - VACANCY 15.7% NET ABSORPTION +487,5 CONSTRUCTION

More information

Los Angeles Basin Retail Market Continues To Witness Decreasing Vacancy Rates

Los Angeles Basin Retail Market Continues To Witness Decreasing Vacancy Rates RETAIL GREATER LOS ANGELES BASIN MARKET REPORT Continues To Witness Decreasing Vacancy Rates MARKET INDICATORS - VACANCY 6.0% NET ABSORPTION 1,605,200 CONSTRUCTION 2,111,970 RENTAL RATE $2.03 P NNN UNEMPLOYMENT

More information

INDUSTRIAL MARKET REPORT. San Antonio. 4th Quarter Q4 Market Trends 2016 by Xceligent, Inc. All Rights Reserved

INDUSTRIAL MARKET REPORT. San Antonio. 4th Quarter Q4 Market Trends 2016 by Xceligent, Inc. All Rights Reserved INDUSTRIAL MARKET REPORT San Antonio 4th Quarter 2015 Table of Contents/ Methodology of Tracked Set Xceligent is a leading provider of verified commercial real estate information which assists real estate

More information

>> Tight Market Condions & Rising Rents

>> Tight Market Condions & Rising Rents Research & Forecast Report GREATER L.A. INDUSTRIAL Accelerating success. >> Tight Market Condions & Rising Rents Key Takeaways > The Greater Los Angeles Basin industrial market absorbed 6,025,000 SF of

More information

The Upstate, South Carolina

The Upstate, South Carolina The Upstate, South Carolina Vacancy Down and Absorption Up The first quarter of 2018 ended on a rather remarkable note, posting the largest decrease in industrial vacancy in the last eight quarters. This

More information

RENTS VACANCY $2.10 2Q11 2Q12 2Q13 2Q14 2Q15

RENTS VACANCY $2.10 2Q11 2Q12 2Q13 2Q14 2Q15 office Greater LOS ANGELES basin market report Los Angeles Basin Rental Rates Continue to Climb as Declines EXECUTIVE SUMMARY MARKET indicators - VACANCY 15.5% NET ABSORPTION +1,292,3 CONSTRUCTION 3,646,791

More information

O N C O R I N T E R N A T I O N A L

O N C O R I N T E R N A T I O N A L SPOTLIGHT ON FIVE INVESTMENT SALES LARGE INDUSTRIAL, RESIDENTIAL, OFFICE & RETAIL PROPERTIES SOLD PAGE 2 PAGE 3 5 DAUM Commercial Real Estate Services Since 1904 INVESTMENT SERVICES Group Addressing the

More information

The Market Is Energized By Increased Development In Hollywood

The Market Is Energized By Increased Development In Hollywood OFFICE CENTRAL LOS ANGELES MARKET REPORT The Market Is Energized By Increased Development In Hollywood MARKET OVERVIEW MARKET INDICATORS - VACANCY 20.5% NET ABSORPTION 24,100 CONSTRUCTION 574,000 RENTAL

More information

Industrial Outlook. An in-depth look at the Louisville industrial market. Analysis includes leasing, sales, construction and employment.

Industrial Outlook. An in-depth look at the Louisville industrial market. Analysis includes leasing, sales, construction and employment. Industrial Outlook Louisville An in-depth look at the Louisville industrial market. Analysis includes leasing, sales, construction and employment. JLL Research Insight Industrial market quick out of the

More information

>> Orange County Rents Increase to Start 2017

>> Orange County Rents Increase to Start 2017 Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> Orange County Rents Increase to Start 2017 Key Takeaways > The Orange County office market saw positive demand for the first part

More information

>> Vacancy Falls To Lowest Rate Ever

>> Vacancy Falls To Lowest Rate Ever Research & Forecast Report San Gabriel VALLEY INDUSTRIAL Accelerating success. >> Vacancy Falls To Lowest Rate Ever Key Takeaways Market Indicators Relative to prior period Forecast Construction Rental

More information

HISTORICAL VACANCY VS RENTS $1.75 2Q10 2Q11 2Q12 2Q13 2Q14

HISTORICAL VACANCY VS RENTS $1.75 2Q10 2Q11 2Q12 2Q13 2Q14 www.colliers.com/greaterlosangeles RETAIL GREATER LOS ANGELES BASIN MARKET REPORT Vacancy Decreases and Net Absorption Increases From Previous Quarter MARKET INDICATORS - VACANCY 6. NET ABSORPTION 732,000

More information

The CoStar Office Report

The CoStar Office Report DCN:6155 The CoStar Office Report T H I R D Q U A R T E R 2 0 0 4 National Office Market Table of Contents Table of Contents.................................................................... A Methodology........................................................................

More information

Orange County Industrial Continues Positive Momentum

Orange County Industrial Continues Positive Momentum INDUSTRIAL ORANGE COUNTY MARKET REPORT Orange County Industrial Continues Positive Momentum MARKET INDICATORS - VACANCY 2.9% AVAILABILTY 5.2% NET ABSORPTION 394,960 SF CONSTRUCTION 676,700 SF RENTAL RATE

More information

>> Deliveries Mute Demand While Rents Rise

>> Deliveries Mute Demand While Rents Rise Research & Forecast Report GREATER L.A. OFFICE Accelerating success. >> Deliveries Mute Demand While Rents Rise Key Takeaways > The Greater Los Angeles Basin office market posted positive demand of 1,018,100

More information

>> 2016 Off to A Good Start for Tri-Cities

>> 2016 Off to A Good Start for Tri-Cities Research & Forecast Report TRI-CITIES OFFICE Q1 216 Accelerating success. >> 216 Off to A Good Start for Tri-Cities Key Takeaways > The Tri-Cities office market saw vacancy decline for the seventh consecutive

More information

>> Market Records Strong Demand To End 2016

>> Market Records Strong Demand To End 2016 Research & Forecast Report Central Los Angeles OFFICE Q4 216 Accelerating success. >> Market Records Strong Demand To End 216 Key Takeaways > There is currently 61,4 square feet () of office product under

More information

>> Orange County Vacancy Continues to Decline

>> Orange County Vacancy Continues to Decline Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> Orange County Continues to Decline Key Takeaways > The South County submarket led the Orange County market in overall net absorption

More information

>> Orange County Market Gains Positive Momentum

>> Orange County Market Gains Positive Momentum Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> Orange County Market Gains Positive Momentum Key Takeaways > The Orange County office market saw positive demand for third quarter

More information

NAI CAPITAL Market Report Summer 2012

NAI CAPITAL Market Report Summer 2012 NAI CAPITAL Market Report Summer 212 1 Market Report Summer 212 NAI Capital is pleased to provide the following economic outlook to our clients. We understand the importance of timely, accurate data when

More information

DENVER. Office Research Report. First Quarter Partnership. Performance.

DENVER. Office Research Report. First Quarter Partnership. Performance. DENVER Office Research Report First Quarter 2018 Denver Market Facts 61,614 Jobs added in the last 12 months ending in February, a 4.1% increase in employment. 3.1% Unemployment in Denver, lower than the

More information

Strong Marketwide Leasing Activity Points To A Strong Finish for Tri-Cities

Strong Marketwide Leasing Activity Points To A Strong Finish for Tri-Cities OFFICE TRI-CITIES MARKET REPORT Strong Marketwide Leasing Activity Points To A Strong Finish for Tri-Cities MARKET OVERVIEW MARKET INDICATORS - VACANCY 14.9% NET ABSORPTION 254,6 CONSTRUCTION 113,8 RENTAL

More information

Slow Start to the Year as Hollywood Awaits Construction Deliveries

Slow Start to the Year as Hollywood Awaits Construction Deliveries office CENTRAL LOS ANGELES market report Slow Start to the Year as Hollywood Awaits Construction Deliveries Market overview MARKET indicators - VACANCY 19.1% NET ABSORPTION 24,300 CONSTRUCTION 1,242,600

More information

>> Downtown LA Carries Momentum Into 2018

>> Downtown LA Carries Momentum Into 2018 Research & Forecast Report DOWNTOWN L.A. OFFICE Accelerating success. >> Downtown LA Carries Momentum Into 218 Key Takeaways > Demand momentum carried over from last quarter into the new year, rising from

More information

Real gross domestic product California vs. United States

Real gross domestic product California vs. United States Real gross domestic product California vs. United States Percent change, year ago 6 4 U.S. California 2 0-2 -4-6 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 Source: Bureau of Economic Analysis.

More information

Has The Office Market Reached A Peak? Vacancy. Rental Rate. Net Absorption. Construction. *Projected $3.65 $3.50 $3.35 $3.20 $3.05 $2.90 $2.

Has The Office Market Reached A Peak? Vacancy. Rental Rate. Net Absorption. Construction. *Projected $3.65 $3.50 $3.35 $3.20 $3.05 $2.90 $2. Research & Forecast Report OAKLAND METROPOLITAN AREA OFFICE Q1 Has The Office Market Reached A Peak? > > Vacancy remained low at 5. > > Net Absorption was positive 8,399 in the first quarter > > Gross

More information

MARKETBEAT MARKETBEAT. Industrial Q4 2016

MARKETBEAT MARKETBEAT. Industrial Q4 2016 LOS ANGELES COUNTY Economic Indicators Los Angeles Employment 4.49M 4.52M Los Angeles Unemployment 4.7% 4.6% U.S. Unemployment 4.1% 3.8% *1Q data is for February Market Indicators (Overall, All Property

More information

HISTORICAL VACANCY VS RENTS. Downtown Los Angeles Office Market Q Q RENTS VACANCY $31 2Q10 2Q11 2Q12 2Q13 2Q14

HISTORICAL VACANCY VS RENTS. Downtown Los Angeles Office Market Q Q RENTS VACANCY $31 2Q10 2Q11 2Q12 2Q13 2Q14 www.colliers.com/losangeles OFFICE LOS ANGELES MARKET REPORT Rate Decrease Below 20% As Market Activity Remains Flat MARKET OVERVIEW MARKET INDICATORS - VACANCY 19.5% The Downtown Los Angeles market in

More information

Tri-Cities Sees Increased Leasing Activity and Climbing Rents

Tri-Cities Sees Increased Leasing Activity and Climbing Rents OFFICE TRI-CITIES MARKET REPORT Tri-Cities Sees Increased Leasing Activity and Climbing Rents MARKET OVERVIEW MARKET INDICATORS - The Tri-Cities office market recorded 165, square feet () of positive absorption

More information

East Los Angeles Flex Office with Abundant Parking For Sale 5128 VALLEY BOULEVARD & 2262 BEATIE PLACE LOS ANGELES, CA 90032

East Los Angeles Flex Office with Abundant Parking For Sale 5128 VALLEY BOULEVARD & 2262 BEATIE PLACE LOS ANGELES, CA 90032 East Los Angeles Flex Office with Abundant Parking For Sale 5128 VALLEY BOULEVARD & 2262 BEATIE PLACE LOS ANGELES, CA 90032 Colliers Brokerage NATHAN PELLOW Executive Vice President License No. 01215721

More information

Greater Los Angeles MARKETBEAT. Office Q Economy. Market Overview

Greater Los Angeles MARKETBEAT. Office Q Economy. Market Overview LOS ANGELES COUNTY Economic Indicators Q2 16 Q2 17 Los Angeles Employment 4.38M 4.44M Los Angeles Unemployment 5.3% 4.4% U.S. Unemployment 4.9% 4.4% 12-Month Forecast Economy The job growth rate in Los

More information

RESEARCH & FORECAST REPORT

RESEARCH & FORECAST REPORT Q3 2014 INDUSTRIAL STOCKTON SAN JOAQUIN COUNTY, CALIFORNIA RESEARCH & FORECAST REPORT Vacancies Continue to Decline to Historic Lows Vacancy rates for San Joaquin County industrial space fell to pre-great

More information

Economic and Market Outlook: SAN ANTONIO OFFICE Q1 2016

Economic and Market Outlook: SAN ANTONIO OFFICE Q1 2016 Economic and Market Outlook: HOUSTON SAN ANTONIO AUSTIN Table 1. Key market indicators for Q1 2016, and their percent (%) change on a quarter-over-quarter (QoQ) and year-over-year (YoY) basis (Class A

More information

3300 East Birch Street, #A

3300 East Birch Street, #A 3300 East Birch Street, #A Brea, CA ±111,679 SF (West Side of Building) PROPERTY FEATURES: Brand New State-of-the-Art Corporate Headquarters/Industrial Building West Side Available: 111,679 Sq.Ft. 6,460

More information

Postive Demand and Robust Leasing Fuels Tri-Cities Market

Postive Demand and Robust Leasing Fuels Tri-Cities Market Q4 215 office tri-cities market report Postive Demand and Robust Leasing Fuels Tri-Cities Market Market overview MARKET indicators - Q4 215 VACANCY 14.4% NET ABSORPTION 127,7 CONSTRUCTION 167,8 RENTAL

More information

N. Arrowhead Avenue Rialto, CA Now On The Market For Sale 30,938 RSF

N. Arrowhead Avenue Rialto, CA Now On The Market For Sale 30,938 RSF 170-190 N. Arrowhead Avenue Now On The Market For Sale 30,938 RSF Unique 16 Unit Multi-Tenant Industrial Incubator Park Fully Leased Separate Parcels Excess Land Capitalize on this opportunity to own an

More information

>> New Construction Delivers to the Orange County Office Market

>> New Construction Delivers to the Orange County Office Market Research & Forecast Report ORANGE COUNTY OFFICE Accelerating success. >> New Construction Delivers to the Orange County Office Market Key Takeaways > Three new office developments were delivered to the

More information

Newly Completed Buildings Quickly Sold or Leased As Tight Market Continues

Newly Completed Buildings Quickly Sold or Leased As Tight Market Continues industrial San Gabriel Valley market report Newly Completed Buildings Quickly Sold or Leased As Tight Market Continues Market overview MARKET indicators - VACANCY 1.8% AVAILABILTY 3.7% NET ABSORPTION 16,500

More information

Indianapolis MARKETBEAT. Office Q Economy. Market Overview INDIANAPOLIS OFFICE

Indianapolis MARKETBEAT. Office Q Economy. Market Overview INDIANAPOLIS OFFICE INDIANAPOLIS OFFICE Economic Indicators Q2 17 Q2 18 MSA Employment 1.1M 1.1M MSA Unemployment 3.3% 3.0% U.S. Unemployment 4.3% 3. Market Indicators (Direct, All Classes) Q2 17 Q2 18 Total Market Vacancy

More information

Industrial Market Review

Industrial Market Review Q1 2012 industrial Stockton San JoAquin County, California research & forecast Report Industrial Market Review Momentum built-up from 2011 carried the industrial market into its fifth consecutive quarter

More information

Shrinking Supply Continues To Push Rates

Shrinking Supply Continues To Push Rates Research & Forecast Report STOCKTON SAN JOAQUIN COUNTY OFFICE Q1 2017 Shrinking Supply Continues To Push Rates > Office inventory: 8,221,819 > Vacancy: 10.5 percent > Net absorption: 49,103 year-to-date

More information

>> Overall Market Vacancy Rises to Begin 2017

>> Overall Market Vacancy Rises to Begin 2017 Research & Forecast Report GREATER L.A. OFFICE Accelerating success. >> Overall Market Rises to Begin 2017 Key Takeaways > The Greater Los Angeles Basin office market recorded negative net absorption for

More information

Quarterly Economic Review

Quarterly Economic Review CITY OF SIMI VALLEY Quarterly Economic Review Welcome to the Simi Valley Quarterly Review, an economic snapshot of valuable information pertaining to the Simi Valley and Ventura County area. As there is

More information

Orange County Office Market Continues to Tighten Causing Rental Rates to Increase

Orange County Office Market Continues to Tighten Causing Rental Rates to Increase OFFICE ORANGE COUNTY MARKET REPORT Continues to Tighten Causing Rental Rates to Increase MARKET OVERVIEW MARKET INDICATORS - VACANCY 12.6% NET ABSORPTION 688,800 CONSTRUCTION 497,387 RENTAL RATE $2.26

More information

1636 NORTH VENTURA AVENUE

1636 NORTH VENTURA AVENUE 1636 NORTH VENTURA AVENUE VENTURA, CA 93001 OFFERING MEMORANDUM N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E Non-Endorsements Marcus & Millichap is not affiliated with, sponsored

More information

1636 NORTH VENTURA AVENUE

1636 NORTH VENTURA AVENUE 1636 NORTH VENTURA AVENUE VENTURA, CA 93001 OFFERING MEMORANDUM N O N - E N D O R S E M E N T A N D D I S C L A I M E R N O T I C E Non-Endorsements Marcus & Millichap is not affiliated with, sponsored

More information

Greater Los Angeles MARKETBEAT. Office Q Economy. Market Overview

Greater Los Angeles MARKETBEAT. Office Q Economy. Market Overview LOS ANGELES COUNTY Economic Indicators Market Indicators (Overall, All Classes) Overall Net Absorption / Overall Asking Rent Overall Vacancy Q4 15 Q4 16 Los Angeles Employment 4.3M 4.4M Los Angeles Unemployment

More information

>> Hollywood Market Activity Flattens

>> Hollywood Market Activity Flattens Research & Forecast Report Central Los Angeles OFFICE Q2 216 Accelerating success. >> Hollywood Market Activity Flattens Key Takeaways > There is currently 533,6 square feet () of office product under

More information

South Bay Experiences Slow and Steady Market Activity

South Bay Experiences Slow and Steady Market Activity OFFICE SOUTH BAY MARKET REPORT South Bay Experiences Slow and Steady Market Activity MARKET OVERVIEW MARKET INDICATORS - VACANCY 21.4% NET ABSORPTION -68,500 CONSTRUCTION 210,000 RENTAL RATE $2.08 FSG

More information

North Orange County Rare NNN-Leased Commercial Mixed-Use Investment Opportunity

North Orange County Rare NNN-Leased Commercial Mixed-Use Investment Opportunity 100% Leased Investment Two Buildings ±31,369 Total SF North Orange County Rare NNN-Leased Commercial Mixed-Use Investment Opportunity FEBRUARY 2018 EXECUTIVE SUMMARY SITE PLAN OFFERING SUMMARY OFFERING

More information

A 100% Leased 123,532 SF Industrial Business Park Investment Offering LONG BEACH BUSINESS PARK

A 100% Leased 123,532 SF Industrial Business Park Investment Offering LONG BEACH BUSINESS PARK A 100% Leased 123,532 SF Industrial Business Park Investment Offering LONG BEACH 700-806 W. 14TH STREET & 701-733 W. ANAHEIM STREET, LONG BEACH, CA LONG BEACH THE OFFERING NKF Capital Markets is pleased

More information

Indianapolis MARKETBEAT. Office Q Economy. Market Overview INDIANAPOLIS OFFICE

Indianapolis MARKETBEAT. Office Q Economy. Market Overview INDIANAPOLIS OFFICE INDIANAPOLIS OFFICE Economic Indicators Market Indicators (Direct, All Classes) Direct Net Absorption/Direct Asking Rent 4-QTR TRAILING AVERAGE Direct Vacancy Q3 17 Q3 18 MSA Employment 1.05M 1.07M MSA

More information

Research. New product, high rents CLEVELAND 1Q16 INDUSTRIAL MARKET. Current Conditions

Research. New product, high rents CLEVELAND 1Q16 INDUSTRIAL MARKET. Current Conditions New product, high rents The Greater Cleveland industrial market absorbed 556,046 square feet in the first quarter of 2016, the 14th consecutive quarter of positive tenancy gains for the market. The positive

More information

The CoStar Office Report

The CoStar Office Report The CoStar Office Report Y E A R - E N D 2 0 0 8 YEAR-END 2008 PHOENIX Table of Contents Table of Contents.................................................................... A Methodology........................................................................

More information

Bay Area Real Estate Outlook Oakland, CA

Bay Area Real Estate Outlook Oakland, CA Bay Area Real Estate Outlook 2014 Oakland, CA September 12, 2013 Capital Markets Overview Dennis Williams Managing Director NorthMarq Capital September 2013 Key Themes of 2013 CMBS Delinquency has leveled

More information

The Industrial Market Cooled Off in Q1

The Industrial Market Cooled Off in Q1 Research & Forecast Report Long Island industrial MARKET Q1 2016 The Industrial Market Cooled Off in Q1 Rose Liu Director of Finance & Research Long Island Takeaways > > Long Island industrial market slowed

More information