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VACANCY
Distribution / Warehousing
Average Vacancy Rate 11.5%
- Drifted downward by 10 basis points.
- Expected to finish 2019 at.
RENT
Distribution / Warehousing
Average Asking Rent $5.23
- Up 0.8% from year-end 2018.
- Has risen for six consecutive quarters.
- Expected to finish 2019 at.
VACANCY
Apartment
The average Vacancy Rate was 4.5% in the Los Angeles metro
- No vacancy change since Q1 2021 in the Los Angeles metro.
- Vacancy is expected to finish 2021 at 4.5% in the Los Angeles metro.
Distribution / Warehousing
The average Vacancy Rate was 5.3% in the Los Angeles metro
- The Los Angeles metro had the lowest vacancy in the West region, fifth lowest in the nation.
- Vacancy in the Los Angeles metro declined by 60 basis points.
- Vacancy is expected to finish 2021 at 5.7% in the Los Angeles metro.
Flex / R&D
The average Vacancy Rate was 5.9% in the Los Angeles metro
- The Los Angeles metro had the sixth lowest vacancy in the nation and the fourth lowest in the West.
- Vacancy in the Los Angeles metro drifted upward by 30 basis points.
- The Los Angeles metro had the highest vacancy level since Q2 2012.
Office
The average Vacancy Rate was 15.6% in the Los Angeles metro
- Vacancy in the Los Angeles metro has risen for six consecutive quarters.
- The Los Angeles metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2021 at 16.5% in the Los Angeles metro.
Retail
The average Vacancy Rate was 7.6% in the Los Angeles metro
- Vacancy in the Los Angeles metro drifted downward by 10 basis points.
- The Los Angeles metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2021 at 8.6% in the Los Angeles metro.
RENT
Apartment
The average Asking Rent was $1,978 in the Los Angeles metro
- Rent in the Los Angeles metro was up 0.2% from Q1 2021.
- Rent is expected to finish 2021 at $2,012 in the Los Angeles metro.
Distribution / Warehousing
The average Asking Rent was $8.07 in the Los Angeles metro
- Rent in the Los Angeles metro was up 0.4% from Q1 2021.
- Rent has risen in every quarter since Q3 2011 in the Los Angeles metro.
- Rent is expected to finish 2021 at $8.27 in the Los Angeles metro.
Flex / R&D
The average Asking Rent was $13.44 in the Los Angeles metro
- The Los Angeles metro had the fifth fastest rent growth in the nation, and the second in the West region, behind only Orange County.
- Los Angeles metro had its fastest rent rate of increase in seven quarters.
- Rent is expected to finish 2021 at $13.53 in the Los Angeles metro.
Office
The average Asking Rent was $40.75 in the Los Angeles metro
- Rent in the Los Angeles metro was down 0.1% from Q1 2021.
- Rent is expected to finish 2021 at $39.97 in the Los Angeles metro.
Retail
The average Asking Rent was $33.42 in the Los Angeles metro
- Rent in the Los Angeles metro was down 0.1% from Q1 2021.
- Rent is expected to finish 2021 at $32.26 in the Los Angeles metro.
VACANCY
Apartment
The average Vacancy Rate was 5.5% in the Oakland-East Bay metro
- Vacancy in the Oakland-East Bay metro drifted upward by 30 basis points.
- The Oakland-East Bay metro had the highest vacancy level since year-end 2009.
- Vacancy is expected to finish 2021 at 5.2% in the Oakland-East Bay metro.
Distribution / Warehousing
The average Vacancy Rate was 8.8% in the Oakland-East Bay metro
- Vacancy in the Oakland-East Bay metro declined by 60 basis points.
- The Oakland-East Bay metro had the lowest vacancy level since Q1 2019.
- Vacancy is expected to finish 2021 at 8.8% in the Oakland-East Bay metro.
Flex / R&D
The average Vacancy Rate was 13.5% in the Oakland-East Bay metro
- Vacancy in the Oakland-East Bay metro fell by 130 basis points.
- The Oakland-East Bay metro was among the 10 highest vacancies nationally.
- Vacancy is expected to finish 2021 at 13.3% in the Oakland-East Bay metro.
Office
The average Vacancy Rate was 17.7% in the Oakland-East Bay metro
- No vacancy change since Q1 2021 in the Oakland-East Bay metro.
- The Oakland-East Bay metro had the highest vacancy level since year-end 2014.
- Vacancy is expected to finish 2021 at 18.3% in the Oakland-East Bay metro.
Retail
The average Vacancy Rate was 9.0% in the Oakland-East Bay metro
- No vacancy change since Q1 2021 in the Oakland-East Bay metro.
- The Oakland-East Bay metro was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2021 at 10.2% in the Oakland-East Bay metro.
RENT
Apartment
The average Asking Rent was $2,257 in the Oakland-East Bay metro
- Rent in the Oakland-East Bay metro was up 0.7% from Q1 2021.
- Oakland-East Bay metro had its fastest rent rate of increase in seven quarters.
- Rent is expected to finish 2021 at $2,314 in the Oakland-East Bay metro.
Distribution / Warehousing
The average Asking Rent was $6.93 in the Oakland-East Bay metro
- Rent in the Oakland-East Bay metro was up 0.3% from Q1 2021.
- Rent is expected to finish 2021 at $7.12 in the Oakland-East Bay metro.
Flex / R&D
The average Asking Rent was $12.11 in the Oakland-East Bay metro
- Rent in the Oakland-East Bay metro was up 0.2% from Q1 2021.
- Rent has risen in every quarter since Q2 2013 in the Oakland-East Bay metro.
- Rent is expected to finish 2021 at $12.29 in the Oakland-East Bay metro.
Office
The average Asking Rent was $35.14 in the Oakland-East Bay metro
- Rent in the Oakland-East Bay metro was down 0.1% from Q1 2021.
- Rent is expected to finish 2021 at $34.20 in the Oakland-East Bay metro.
Retail
The average Asking Rent was $31.86 in the Oakland-East Bay metro
- The Oakland-East Bay metro had the fastest rent growth in the West region, third most rapid in the nation.
- Rent is expected to finish 2021 at $30.57 in the Oakland-East Bay metro.
VACANCY
Apartment
The average Vacancy Rate was 3.8% in the Orange County county
- Vacancy in the Orange County county drifted upward by 10 basis points.
- The Orange County county was among the 20 lowest vacancies nationally.
- Vacancy is expected to finish 2021 at 3.5% in the Orange County county.
Distribution / Warehousing
The average Vacancy Rate was 5.7% in the Orange County county
- The Orange County county had the seventh lowest vacancy in the nation, and the second in the West region, behind only Los Angeles.
- Vacancy in the Orange County county fell by 100 basis points.
- The Orange County county had the lowest vacancy level since year-end 2009.
Flex / R&D
The average Vacancy Rate was 3.8% in the Orange County county
- The Orange County county had the second lowest vacancy in the nation, behind only Miami.
- Vacancy in the Orange County county drifted downward by 20 basis points.
- The Orange County county had the lowest vacancy level since year-end 2009.
Office
The average Vacancy Rate was 18.3% in the Orange County county
- No vacancy change since Q1 2021 in the Orange County county.
- The Orange County county had the highest vacancy level since Q3 2012.
- Vacancy is expected to finish 2021 at 19.1% in the Orange County county.
Retail
The average Vacancy Rate was 5.9% in the Orange County county
- The Orange County county had the third lowest vacancy in both the nation and the region.
- Vacancy in the Orange County county drifted upward by 20 basis points.
- The Orange County county had the highest vacancy level since Q1 2012.
RENT
Apartment
The average Asking Rent was $1,979 in the Orange County county
- Rent in the Orange County county was up 0.5% from Q1 2021.
- Rent is expected to finish 2021 at $2,003 in the Orange County county.
Distribution / Warehousing
The average Asking Rent was $7.70 in the Orange County county
- Rent in the Orange County county was up 0.5% from Q1 2021.
- Rent is expected to finish 2021 at $7.85 in the Orange County county.
Flex / R&D
The average Asking Rent was $12.40 in the Orange County county
- The Orange County county had the fastest rent growth in the West region, fourth most rapid in the nation.
- Orange County county had its fastest rent rate of increase since year-end 2017.
- Rent is expected to finish 2021 at $12.51 in the Orange County county.
Office
The average Asking Rent was $33.99 in the Orange County county
- Rent in the Orange County county was down 0.1% from Q1 2021.
- Rent is expected to finish 2021 at $33.07 in the Orange County county.
Retail
The average Asking Rent was $34.22 in the Orange County county
- The Orange County county remained flat rent since Q1 2021.
- Rent is expected to finish 2021 at $32.98 in the Orange County county.
VACANCY
Distribution / Warehousing
Average Vacancy Rate 10.1%
- Fell by 80 basis points.
- Expected to finish 2018 at.
RENT
Distribution / Warehousing
Average Asking Rent $4.47
- Up 1.4% from Q2 2018.
- Fastest rate of increase in five quarters.
- Expected to finish 2018 at.
VACANCY
Apartment
The average Vacancy Rate was 3.1% in the Sacramento metro
- The Sacramento metro had the lowest vacancy in the West region, fourth lowest in the nation.
- No vacancy change since Q1 2021 in the Sacramento metro.
- Vacancy is expected to finish 2021 at 3.2% in the Sacramento metro.
Distribution / Warehousing
The average Vacancy Rate was 10.6% in the Sacramento metro
- Vacancy in the Sacramento metro increased by 90 basis points.
- The Sacramento metro had the highest vacancy level since Q1 2017.
- Vacancy is expected to finish 2021 at 9.9% in the Sacramento metro.
Flex / R&D
The average Vacancy Rate was 12.1% in the Sacramento metro
- Vacancy in the Sacramento metro declined by 170 basis points.
- The Sacramento metro was among the 20 highest vacancies nationally.
- Vacancy is expected to finish 2021 at 11.8% in the Sacramento metro.
Office
The average Vacancy Rate was 19.7% in the Sacramento metro
- Vacancy in the Sacramento metro drifted upward by 40 basis points.
- The Sacramento metro had the highest vacancy level since year-end 2015.
- Vacancy is expected to finish 2021 at 21.3% in the Sacramento metro.
Retail
The average Vacancy Rate was 10.7% in the Sacramento metro
- Vacancy in the Sacramento metro rose by 50 basis points.
- The Sacramento metro had the highest vacancy level since year-end 2017.
- Vacancy is expected to finish 2021 at 11.7% in the Sacramento metro.
RENT
Apartment
The average Asking Rent was $1,415 in the Sacramento metro
- Rent in the Sacramento metro was up 0.6% from Q1 2021.
- Rent has risen in every quarter since Q2 2010 in the Sacramento metro.
- Rent is expected to finish 2021 at $1,441 in the Sacramento metro.
Distribution / Warehousing
The average Asking Rent was $5.18 in the Sacramento metro
- Rent in the Sacramento metro was up 0.2% from Q1 2021.
- Rent is expected to finish 2021 at $5.32 in the Sacramento metro.
Flex / R&D
The average Asking Rent was $9.21 in the Sacramento metro
- The Sacramento metro had the second lowest rent growth in the nation, higher than only Seattle.
- Rent is expected to finish 2021 at $9.25 in the Sacramento metro.
Office
The average Asking Rent was $27.27 in the Sacramento metro
- Rent in the Sacramento metro was down 0.2% from Q1 2021.
- Rent is expected to finish 2021 at $26.81 in the Sacramento metro.
Retail
The average Asking Rent was $24.46 in the Sacramento metro
- Rent in the Sacramento metro was down 0.1% from Q1 2021.
- Rent is expected to finish 2021 at $23.39 in the Sacramento metro.
VACANCY
Apartment
The average Vacancy Rate was 3.4% in the San Bernardino/Riverside metro
- The San Bernardino/Riverside metro had the eighth lowest vacancy in the nation and the fourth lowest in the West.
- No vacancy change since Q1 2021 in the San Bernardino/Riverside metro.
- Vacancy is expected to finish 2021 at 3.4% in the San Bernardino/Riverside metro.
Distribution / Warehousing
The average Vacancy Rate was 8.2% in the San Bernardino/Riverside metro
- Vacancy in the San Bernardino/Riverside metro declined by 160 basis points.
- The San Bernardino/Riverside metro had the lowest vacancy level since Q1 2019.
- Vacancy is expected to finish 2021 at 8.7% in the San Bernardino/Riverside metro.
Flex / R&D
The average Vacancy Rate was 4.5% in the San Bernardino/Riverside metro
- The San Bernardino/Riverside metro had the third lowest vacancy in the nation, and the second in the West region, behind only Orange County.
- Vacancy in the San Bernardino/Riverside metro declined by 90 basis points.
- The San Bernardino/Riverside metro had the lowest vacancy level since year-end 2009.
Office
The average Vacancy Rate was 17.8% in the San Bernardino/Riverside metro
- Vacancy in the San Bernardino/Riverside metro drifted downward by 30 basis points.
- Vacancy is expected to finish 2021 at 18.5% in the San Bernardino/Riverside metro.
Retail
The average Vacancy Rate was 9.9% in the San Bernardino/Riverside metro
- Vacancy in the San Bernardino/Riverside metro drifted upward by 10 basis points.
- Vacancy is expected to finish 2021 at 10.6% in the San Bernardino/Riverside metro.
RENT
Apartment
The average Asking Rent was $1,505 in the San Bernardino/Riverside metro
- Rent in the San Bernardino/Riverside metro was up 1.1% from Q1 2021.
- San Bernardino/Riverside metro had its fastest rent rate of increase in eight quarters.
- Rent has risen in every quarter since Q3 2010 in the San Bernardino/Riverside metro.
Distribution / Warehousing
The average Asking Rent was $5.90 in the San Bernardino/Riverside metro
- Rent in the San Bernardino/Riverside metro was up 0.2% from Q1 2021.
- Rent has risen in every quarter since Q1 2012 in the San Bernardino/Riverside metro.
- Rent is expected to finish 2021 at $6.08 in the San Bernardino/Riverside metro.
Flex / R&D
The average Asking Rent was $9.03 in the San Bernardino/Riverside metro
- Rent in the San Bernardino/Riverside metro was up 0.9% from Q1 2021.
- San Bernardino/Riverside metro had its fastest rent rate of increase in seven quarters.
- Rent is expected to finish 2021 at $9.10 in the San Bernardino/Riverside metro.
Office
The average Asking Rent was $23.64 in the San Bernardino/Riverside metro
- Rent in the San Bernardino/Riverside metro was down 0.3% from Q1 2021.
- Rent is expected to finish 2021 at $23.28 in the San Bernardino/Riverside metro.
Retail
The average Asking Rent was $22.54 in the San Bernardino/Riverside metro
- Rent in the San Bernardino/Riverside metro was down 0.1% from Q1 2021.
- Rent is expected to finish 2021 at $21.59 in the San Bernardino/Riverside metro.