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Q2 2023
Q2 2023 Central Valley Industrial MarketBeat
The Central Valley industrial market recorded a vacancy rate of 5.7% at the end of Q2 2023, up 100 basis points from the prior quarter as 2.9 million square feet of new construction delivered, while overall asking rents climbed to a record $0.72 per square foot, up 14.3% year-over-year.
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Q2 2023 Central Valley Industrial MarketBeat
The Central Valley industrial market recorded a vacancy rate of 5.7% at the end of Q2 2023, up 100 basis points from the prior quarter as 2.9 million square feet of new construction delivered, while overall asking rents climbed to a record $0.72 per square foot, up 14.3% year-over-year.
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