A Class A, 75,000-square-foot, multi-building industrial venture often called 101 Logistics Middle situated in Oxnard is totally entitled and prepared for leasing. “We’re past enthusiastic about 101 Logistics Middle turning into a actuality,” mentioned Scott Sowanick, managing director and accomplice at Stream Realty Companions, the developer of the property which bought the 41-acre web site … [Read more…]
Two separate industrial properties just lately modified arms in Moorpark, as the realm continues to be a magnet for buyers searching for secure properties with a powerful tenant base. The Westlake Village-based department of business actual property brokerage agency Lee & Associates managed the sale of each totally occupied impartial belongings, which totaled greater than … [Read more…]
Declining port quantity, rising rates of interest, a transfer by some corporations additional inland and excessive lease charges have all put stress on L.A.’s industrial market. As of June 1, the emptiness fee available in the market stood at 3.8%, up from 2.3% the earlier 12 months and 1.7% in 2021. It’s the highest emptiness … [Read more…]