Family Office Briefing on research byKidder Matthews·Jan 17, 2024
San Fernando Valley Industrial Market Report - 4th Quarter 2023
San Fernando Valley industrial market shows a direct vacancy rate of 2.3% in 4Q23 — family offices should consider co-GP opportunities with disciplined operators.
Industrial2023
Key Metrics
| Metric | Value |
|---|---|
| Direct Vacancy Rate | 2.3% |
| Availability Rate | 4.3% |
| Asking Lease Rate | 1.79$/SF |
| Lease Transactions | 870,195SF |
| Sale Transactions | 210,879SF |
| Net Absorption | 63,422SF |
Metrics extracted from the source report and independently fact-checked. Method →
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Kidder Matthews
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