Southern California Industrial — Q2 2026
Southern California industrial rents have reset to 2011 levels. If your lease expires in 2026 or 2027, you have negotiating leverage that most tenants never use. Most renewals are negotiated without a true market comp set. We fix that.
CoStar data, Q1 2026. Orange County, LA County, and Inland Empire markets.
Free — No Obligation
We deliver a complete market comp set within 48 hours. No pressure. No strings. Just the data you need before you sit down at the table.
You are confirmed.
Justin will personally review your situation and send your market analysis within 48 hours.
Questions in the meantime? Call 949.400.4786.
Why It Matters Now
Southern California industrial vacancy has climbed from sub-2% in 2022 to 8.4% today. Asking rents have reset to 2011 levels. Tenants who renew without verifying this are leaving real money on the table.
Your landlord knows exactly what every comparable space in the market is leasing for. You should too. We build a full market comp set so you walk into every negotiation with the same information advantage they have.
We bring graduate-level supply chain credentials, which are rare in industrial brokerage. That means we understand your operational requirements, network design, and total occupancy cost, not just the building.
Q1 2026 Market Data
SoCal Vacancy Rate
8.4%
Up from under 2% in 2022. 42 million square feet available across OC, LA, and the Inland Empire right now.
Avg NNN Asking Rent
$1.18
Per SF per month. Effective rents have returned to 2011 levels after peaking near $1.90 in late 2022.
Available SF
42M
The largest availability pool in over a decade means real options, real negotiating leverage, and real ability to walk away.
Effective Rent Benchmark
2011
The year that best describes what rents will actually transact at today, after free rent, TI, and landlord concessions are factored in.
These numbers mean your renewal is negotiable. Let us show you exactly what the market will bear before you sit down at the table.
The Team
Justin Smith, SIOR
SVP & Principal
22+ years in Southern California industrial real estate. SIOR-designated. MBA, MRED, MCR, and an MSCM from the University of Arkansas. Approaches every assignment from a supply chain operations perspective.
Grant LaBounty
Senior Vice President
Deep expertise across Orange County, LA County, and the Inland Empire. Specializes in tenant representation and investment sales for supply chain operators and third-party logistics companies.
Chris Vassilian
Vice President
Market research, transaction support, and prospecting across the team's four primary markets. Brings institutional rigor to every assignment, from initial market analysis through lease execution.
Ready to see the numbers?
We have completed 700+ transactions across Orange County, LA County, and the Inland Empire. We know what the market will actually bear. Our analysis is free, takes 48 hours, and comes with no obligation of any kind.
Request Your Analysis
Delivered within 48 hours. No obligation.
We have completed 700+ transactions across Orange County, LA County, and the Inland Empire. Our analysis is free, takes 48 hours, and comes with no obligation.
Get My Free Analysis →No obligation. No pressure. No follow-up unless you request it.