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Q4 2023
Q4 2023 Central Valley Industrial MarketBeat
Central Valley recorded 2.3 million square feet of net absorption in 2023, but vacancy rose to 6.4% as new deliveries totaled 6.1 million square feet, significantly outpacing demand and marking a cooldown from 2022's record 11.2 million square feet of absorption.
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Q4 2023 Central Valley Industrial MarketBeat
Central Valley recorded 2.3 million square feet of net absorption in 2023, but vacancy rose to 6.4% as new deliveries totaled 6.1 million square feet, significantly outpacing demand and marking a cooldown from 2022's record 11.2 million square feet of absorption.
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