Family Office Briefing on research byKidder Matthews·Apr 12, 2024
San Fernando Valley Industrial Market Report - 1st Quarter 2024
San Fernando Valley industrial vacancy rate increased to 2.7% in 1Q24 — family offices should consider co-GP opportunities with disciplined operators.
Industrial2024
Key Metrics
| Metric | Value |
|---|---|
| Direct Vacancy Rate | 2.7% |
| Availability Rate | 4.8% |
| Asking Lease Rate | 1.84$/SF |
| Leasing Activity | 988,002SF |
| Sales Volume | 390,767SF |
| Net Absorption | (413,866)SF |
Metrics extracted from the source report and independently fact-checked. Method →
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