L.A. industrial vacancy falls for first time in two years
Q3 leasing reached 13.7 million square feet.
By Herald Staff · Source published
Industrial vacancy in Los Angeles fell to 5%, the first decline in two years, with third-quarter leasing totaling 13.7 million square feet.
Rents remain about 30% below their 2023 peak, according to the report.
Source: Commercial Observer. This is an original summary; read the full report at the source.
