Education
BS in business administration with a concentration in real estate finance, Colorado State University in Fort Collins
Certificates in entrepreneurship and organizational leadership, Colorado State University in Fort Collins
Tobias Hipp
Senior AssociateContact
T 949.557.5043 C 626.977.3059 tobias.hipp@kidder.com 5 Park Plaza, Suite 1700Irvine, CA 92614
About
Tobias Hipp is an industrial specialist providing brokerage services to industrial property owners, investors, developers, and occupiers in the San Gabriel Valley and Inland Empire.
Tobias Hipp, known as “the 60 Corridor Specialist,” is an industrial real estate expert specializing in brokerage services for property owners, investors, developers, and occupiers in the San Gabriel Valley and Inland Empire. With a passion for excellence and a commitment to meeting his clients’ unique goals, Tobias provides tailored real estate solutions backed by hard work and attention to detail. His expertise in developing, planning, and executing strategies ensures clients receive the highest level of service and the best possible outcomes.
Affiliations
Member of NAIOP, the Commercial Real Estate Development Association
Services
Choose a specific service for more details or view all.
Clients Served
- Atlapac Trading Company
- Beauty Plus Global
- Chicology
- Dynamic Asia International
- Eco Bay Services
- FTL, Inc
- Los Angeles Department of Water & Power
- MK Tool & Abrasive
- Prime Tech Cabinets
- Repligen Corporation
- Rio Hondo Industrial Partners
- ROK Drinks
- Royal Flex Circuits
- Sam Import
- Samra Transport
- Scott MFG Solutions
- Surplus Solutions
- Worldwide Beverage Imports
Completed Transactions
15131 E Clark Ave, Industry
Type
Landlord Rep Multi Tenant Park
Price
$2.2M
Size
46,224 SF
9700 & 9720 East Frontage Road, South Gate
Type
Landlord Rep Lease
Price
12.6M
Size
153,461 SF
30220-30280 Commerce Ct, Murrieta
Type
Tenant Rep Lease
Price
2.8M
Size
36,716 SF
14042 Central Ave, Chino
Type
Tenant Rep Lease
Price
$1.2M
Size
25,975 SF
13905 Mica Street, Santa Fe Springs
Type
Purchase
Price
$8.13M
Size
24,600 SF
1710-1720 Santa Anita Ave, South El Monte
Type
Landlord Rep Lease
Price
$3.3M
Size
71,858 SF
5165 G St, Chino
Type
Tenant Rep Lease
Price
$6.7M
Size
47,163 SF
15110 Don Julian Rd, Industry
Type
Landlord Rep Lease
Price
$2.7M
Size
47,500 SF
1309 John Reed Ct, Industry
Type
Tenant Rep Lease
Price
$800K
Size
12,410 SF
2041 S Lynx Place, Ontario
Type
Tenant Rep Lease
Price
$1.1M
Size
11,634 SF
18724 Broadwick Street, Rancho Dominguez
Type
Tenant Rep Lease
Price
$8M
Size
72,075 SF
The TILT Report
San Gabriel Valley Industrial – September 2024
Development and Construction
We saw a reduction in development in the San Gabriel Valley, with less than 1 million square feet of new construction deliveries. Despite this slowdown, the region remains active with 1.1 million square feet under construction. The San Gabriel Valley submarket recorded the most delivered space in the Greater Los Angeles area.
Vacancy and Absorption Rates
The vacancy rate in the San Gabriel Valley stands at 5.2%, a 300-basis point increase from Q2 2024. The market recorded a negative net absorption of 660k square feet. An increase of 300k SF from the previous quarter.
Lease Rates
Lease rates in the San Gabriel Valley experienced a decrease, falling to $1.46 (NNN) PSF, a 3.5% decrease from Q1 2024. Year-over-year, this represents a reduction of 15% from Q2 2023. We will continue to see reductions until lease rates intersect with normal market growth patterns from 2019.
For archived reports, please contact Tobias.
Inland Empire Industrial – September 2024
Development and Construction
We saw a reduction in development in the Inland Empire, with less than 3.1 million square feet of new construction deliveries. Despite this slowdown, the region remains active with 10 million square feet under construction, especially in the IE West, which is still experiencing significant development.
Vacancy and Absorption Rates
The vacancy rate for the Inland Empire stood at 7.8% in Q2. The market recorded a positive net absorption of 6.1 million square feet, year to date. The IE West absorbed the majority of space at 9.5 million square feet, while IE East negatively absorbed 3.3 million square feet.
Lease Rates
Lease rates in the Inland Empire experienced a decrease, falling to $1.27 (NNN) PSF, a 9% decrease from Q1 2024. Year-over-year, this represents a reduction of 9% from Q2 2023. We will continue to see reductions until lease rates intersect with normal market growth patterns from 2019.
For archived reports, please contact Tobias.