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Q1 2023
Q1 2023 Central Valley Industrial Marketbeat
The Central Valley industrial market recorded 271,027 SF of net absorption in Q1 2023, with vacancy rising to 5.0% as 1.5 million SF of new speculative construction delivered, while overall asking rents climbed 14.1% year-over-year to $0.71 PSF.
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Q1 2023 Central Valley Industrial Marketbeat
The Central Valley industrial market recorded 271,027 SF of net absorption in Q1 2023, with vacancy rising to 5.0% as 1.5 million SF of new speculative construction delivered, while overall asking rents climbed 14.1% year-over-year to $0.71 PSF.
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