MR_PLS_17Q2_IND_175x227 Need Industrial? Cast Your Nets Far & Wide...

If you are an industrial tenant looking for expansion or relocation space in the Tri-Valley, your options are incredibly limited. The statement used to be, “Show us what is available in the Tri-Valley.” Now the statement has become, “Show us what is available in the Tri-Valley, I-880 Corridor or Central Valley.” With a new record vacancy rate of 1.0 percent in the entire Tri-Valley industrial market, there is little remaining to show our clients for sale or lease. There was a total of 190,313 square feet of available warehouse and light industrial space as of the end of June. Year-to-date and quarterly net absorption was 112,248 square feet and 15,793 square feet, respectively. These low numbers reflect the lack of available inventory.p>