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Q1 2024
Q1 2024 Central Valley Industrial MarketBeat
The Central Valley industrial market recorded a vacancy rate of 6.7% with modest 20 bps quarterly increase driven by sublease space rising to 1.6 million sf. Leasing activity surged to 3.6 msf in Q1, led by two new 1 million-sf leases from a confidential e-commerce tenant.
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Q1 2024 Central Valley Industrial MarketBeat
The Central Valley industrial market recorded a vacancy rate of 6.7% with modest 20 bps quarterly increase driven by sublease space rising to 1.6 million sf. Leasing activity surged to 3.6 msf in Q1, led by two new 1 million-sf leases from a confidential e-commerce tenant.
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