The San Fernando Valley industrial market in Q4 2025 experienced rising vacancy and availability rates, while asking lease rates declined year-over-year. Leasing and sales activity slowed compared to 2024, and net absorption remained negative, signaling ongoing market adjustments. Explore our full San Fernando Valley industrial market review for detailed trends and insights.
4Q 2025 San Fernando Valley Industrial Market: Key Data Points
- Vacancy Rate Increased: SDirect vacancy rose to 4.6%, up 110 basis points year-over-year.
- Availability Rate Climbed: Availability reached 6.7%, a 220 basis point increase from 4Q 2024.
- Asking Lease Rates Declined: Average asking lease rate fell to $1.52/SF/month, down 7.9% year-over-year.
- Leasing Activity Slowed: Total leasing transactions for 2025 were 4.28M SF, a 9.5% decrease from 2024.
- Sales Volume Slightly Down: Sales transactions totaled 2.42M SF, down 1.8% year-over-year.
- Negative Net Absorption: Direct net absorption for 2025 was -1.18M SF, indicating contraction in occupied space.
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