Q3 Begins

Q3 Begins Newsletter - Article Content

Market Reports

Industrial

The national industrial market showed mixed performance in Q2 2019. The strongest markets included Dallas/Ft. Worth (11.6M SF), Inland Empire (10.1M SF), and Atlanta (5.5M SF). However, West Coast markets struggled, with Los Angeles, Orange County, East Bay/Oakland, and Portland all posting negative absorption.

Mid-year tenant demand reached 73.3 million SF but declined 51% compared to the same period in 2018, marking "the apparent peak in the current economic cycle's rate of industrial growth." Despite this slowdown, vacancies remained historically low.

Office

The office sector absorbed 35 million SF in the first half of 2019, with 23.6 million SF in Q2 alone. However, the pipeline reached record levels at "186.5 million SF – a record high in this cycle." While healthy tenant expansion returned in Q2, overall net absorption fell short of 2018 levels. The report warns that "2019 will post the lowest net absorption in four years" unless demand improves significantly.

Active Listings

The newsletter lists multiple available properties across industrial, office, medical, retail, and land categories throughout Southern California and Texas.

Professional Development

The sender announced acceptance into the Society of Industrial and Office Realtors (SIOR), a selective organization requiring rigorous vetting of transaction history and credentials.