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Article: Industrial space to be tighter and rents higher this year.(REAL ESTATE)
- Article from:
- The Kiplinger California Letter
- Article date:
- February 2, 2005
CopyrightCOPYRIGHT 2005 The Kiplinger Washington Editors, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Industrial space will become tighter and rents higher this year. In the San Fernando Valley, prices of industrial property tripled in the past 10 years. Warehouse building is strongest in eastern areas, mainly in the Inland Empire and particularly in Moreno Valley and Perris. The Central Valley has become another hotbed of industrial construction.
A big reason: Storage ...
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Article: Lack of industrial space could squeeze out ...
Los Angeles Business Journal;
January 19, 2004 ;
700+ words
...SPACE remained tight in the San Gabriel Valley industrial market during the fourth quarter, raising concerns that expanding and relocating businesses will be forced elsewhere as the economy picks up steam. The 185.3 million-square-foot market saw its vacancy rate remain essentially flat at 2.3
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