IRVINE, CA—The Greater Los Angeles and Orange County (GLA/OC) region posted the three lowest industrial vacancy rates nationally tracked (50 largest metropolitan areas) by CBRE.
As the largest market in the nation, GLA/OC recorded a low vacancy rate of 2.2% (combined) compared to the national average of 5.7%. The neighboring Inland Empire market rounds out in the top three with a vacancy rate of just 3.6%.
Below is a breakdown of the top 15 markets with the lowest vacancy rates.
Click here to see the list from CBRE.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
