Home AEC San Fernando Valley Industrial Vacancy Climbs to 4.4% as Lease Rates Drop 10%
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San Fernando Valley Industrial Vacancy Climbs to 4.4% as Lease Rates Drop 10%

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East submarket posts 669,259 square feet in negative absorption while Burbank property trades at $277 per square foot The San Fernando Valley industrial market is experiencing a period of adjustment as tenants pull back from space commitments and lease rates soften across the region. According to Kidder Mathews' report, the direct industrial vacancy rate increased […]

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