Demand Outpacing Supply in L.A.’s Post-Pandemic Industrial Real Estate Market

The most resilient commercial real estate sector during the coronavirus crisis continued to experience high demand and dwindling supply in Los Angeles County in the first quarter, driving down vacancies and driving up lease rates compared to the year before.

Direct vacancies dropped in Q1, landing at 2.4%, according to Kidder Mathews’ first-quarter Los Angeles Industrial Market Report.

For the full story, go to L.A. Biz.

© 2021 American City Business Journals. All rights reserved.