LA Industrial Supply Surge Pushes Vacancy to 6.3%, Rents Fall 5.4% YoY

Construction activity plummets 54% year over year as the market seeks new equilibrium, in the face of negative net absorption. By J.C. Casillas Managing Director of Research at NAI Capital Commercial MARKET OVERVIEW The Los Angeles industrial market continued to soften in Q3 2025, driven by new supply and sustained weaker demand dynamics. The countywide vacancy […]