Southern California’s industrial market saw a strong surge in leasing activity in Q1, driven primarily
by logistics and distribution users. Despite increased deal volume, overall availability remains
elevated due to continued tenant turnover and recent new supply deliveries.
Larger warehouse spaces are experiencing higher vacancy, while smaller industrial properties
continue to perform well. With construction activity beginning to slow, the market is positioning for
gradual improvement in the coming quarters.
Edgar Matevosian
Commercial Real Estate Advisor
DRE02208499
eXp Commercial of California