Industrial Insights - September Newsletter
Market Overview
Activity levels remain strong through summer and Labor Day. The newsletter highlights a significant market shift in NNN industrial rates, noting that pricing has increased from "$0.85 NNN PSF monthly ($10.20 NNN PSF annually)" to "$1.20 NNN PSF monthly ($14.40 NNN PSF annually) rate of today and higher."
Featured Transactions
The Six Pack Portfolio + Meyer Canyon
The team assisted a long-term client in repositioning seven Southern California industrial properties through a 1031 exchange into business-friendly states. The properties now feature triple-net structures with 10-20 year lease terms at 6% cap rates or higher, including fixed rental increases of 10% every five years. The process involved evaluating approximately 250 investment options nationwide.
17466 Daimler, Irvine - BLT Enterprises
A family investment firm increased property value by securing an ideal tenant through a coordinated 10-year lease agreement with tenant improvement provisions. Success required collaboration across ownership, property management, legal, architectural, construction, and tenant operations teams.
Resources Available
Market reports are provided for Los Angeles County, Orange County, Inland Empire, San Diego, and the United States. Additional media includes an audiobook version of Industrial Intelligence and a new podcast series featuring industry experts discussing market cycles and logistics.