Greater Los Angeles Industrial Market Report
By PropZone Research · Data through Q1 2026 · Aggregated from JLL, CBRE, Lee Associates, Newmark, Matthews, Colliers
Quarterly industrial market indicators for Greater Los Angeles, aggregated by PropZone from JLL, CBRE, Lee Associates, Newmark, Matthews, Colliers. As of Q1 2026, average asking rent was $12.00/SF with a 7.3% vacancy rate.
Projected current industrial pricing — Greater Los Angeles
low confidenceProjected asking rent
$12.00–$12.41/SF/yr
Estimated sale value
$151–$191/SF
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 JLL data (cap rate 5.3%, asking rent trend-adjusted to today). Assumes ~93% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q1 2026 | $12.00/SF | 7.3% | 160.0M SF | — | JLL |
| Q1 2026 | — | 5.4% | — | — | CBRE |
| Q1 2026 | $30.00/SF | 7.7% | 7.3M SF | — | Lee Associates |
| Q1 2026 | — | 4.2% | 298K SF | — | Newmark |
| Q4 2025 | $17.70/SF | 6.2% | 0K SF | — | Matthews |
| Q1 2025 | — | — | — | — | Newmark |
| Q4 2024 | — | 6.1% | -2.2M SF | — | Newmark |
| Q3 2024 | — | 15.8% | — | — | Newmark |
| Q2 2024 | $15.36/SF | 11.6% | — | — | Newmark |
| Q1 2024 | — | 2.0% | — | — | Newmark |
| Q4 2023 | — | — | -11.8M SF | — | Newmark |
| Q3 2023 | — | 2.8% | -539K SF | — | Lee Associates |
| Q3 2023 | — | 12.0% | 2K SF | — | Colliers |
| Q2 2020 | — | 4.5% | 428K SF | — | Colliers |
| Q2 2018 | — | 6.0% | — | — | CBRE |
| Q2 2018 | — | 21.7% | 2K SF | — | Colliers |
Frequently asked questions
- What is the average asking rent for industrial space in Greater Los Angeles?
- As of Q1 2026, the average asking rent for industrial space in Greater Los Angeles was $12.00/SF, per JLL.
- What is the industrial vacancy rate in Greater Los Angeles?
- The industrial vacancy rate in Greater Los Angeles was 7.3% as of Q1 2026 (JLL).
- Where does PropZone's Greater Los Angeles market data come from?
- This report aggregates quarterly industrial market data for Greater Los Angeles from JLL, CBRE, Lee Associates, Newmark, Matthews, Colliers.
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