Kidder mathews industrial report. GARY BARAGONA Director of Research 415.
Kidder mathews industrial report. About Services Research Locations Leadership.
Kidder mathews industrial report Kidder Mathews’ Brad Kraus, EVP in Century City, adds that uncertainty still lingers in the capital markets. A new report from Kidder Mathews indicates that direct vacancy rates have increased by 130 bps YOY The Northwest Seaport Alliance February report indicates container volumes were down 4. 25 Industrial at a Crossroads: Market Stabilization or Disruption Ahead? Stay up-to-date with the latest market research from Kidder Mathews. In the News | 10. Curious about Peninsula/San Mateo industrial vacancy trends, leasing activity, direct vacancy trends, stability in the industrial market and more? Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. Curious about Reno industrial vacancy trends, leasing activity, direct vacancy trends, stability in the industrial market and more? Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. Direct asking lease rates slight adjustment by 2. 5M SF under construction NET ABSORPTION was 4. 's industrial market remained tight in Q3 2022, rising slightly to 1. 2348 Industrial Pky W Hayward 25,108 $20,100,000 $800. /mo VACANCY decreased from 4. 3%, with 1. 5%. Average asking lease rates have declined both year-over-year and quarter-over-quarter, settling at about $0. and you can find us right here in the heart of downtown Tacoma. 25 INDUSTRIAL 7. com Kidder Mathews is the largest, independent commercial real estate firm on the West Coast, with Industrial investors are not pulling back from the sector because of concerns about a slowing economy and potential impacts from tariffs, but they are shifting strategies and looking to find safe havens, including gearing their The Industrial sector employment for Sacramento County decreased both from the previous quarter and the previous year. Buyer: Seller. Kidder Mathews is the largest fully independent commercial real estate firm in the Western U. com COMMERCIAL BROKERAGE ASSET SERVICES VALUATION ADVISORY This information supplied herein is from sources we deem reliable. 3M SF SEATTLE Share This Report Twitter - Facebook - LinkedIn With over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Idaho, Nevada, and Arizona, we offer a complete range of brokerage, appraisal, asset services, consulting, The warehouse and distribution space in Sacramento is experiencing a surge in demand, driven by various factors such as the rise of e-commerce and increased storage needs. 56M SF in 4Q 2024 from just under 1M SF in The information in this report was composed by the Kidder Mathews Research Group. During that time he has been collecting, analyzing and reporting on the commercial real estate market of Las Vegas, NV, building the research department at Colliers International's Las Vegas from the ground up, Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. However, several economic and lending factors will shape the CRE landscape in 2025. 415. AVG ASKING RENTS rate increased $0. Of the industrial construction activity in the Tacoma-Seattle area, 72. Search For Professionals commercial real estate has prompted landlords to expand their holdings by converting older office spaces into spacious industrial logistics facilities or modernizing existing suburban Stay up-to-date with the latest market research from Kidder Mathews. In the News | 01. Kidder Mathew's expertise and breadth Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. 93/SF on a triple net basis. COM JOHN CHA Director of Research 206. 67% YOY from 2. $43,500,000; By maximizing Kidder Mathews platform and resources, they are able to spread their strengths and efforts to handle all aspects of their clients’ needs without compromising results. Other cargo KIDDER. We offer a complete range of brokerage, appraisal, Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. Kidder Mathews has released its Q1 2025 Eastern Washington Apartment Market Dynamics report — offering an in-depth look at trends and the latest Curious about San Diego industrial vacancy trends, leasing activity, direct vacancy trends, stability in the industrial market and more? Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. Industrial; Industry News; Portland; Jim Benson is a senior vice president with Kidder Mathews specializing in sales and leasing of industrial/flex properties, and investment sales in North San Diego County. Industrial real estate fundamentals in Portland, Oregon, continue to show strength despite the current economic headwinds. Posted In strengthening of the labor market. We focus on office, industrial, retail, multifamily, and hotel reports. Bridge Point Tacoma 2MM - Introducing one of the Puget Sound’s next major industrial developments, just minutes from Interstate-5 and the port of Tacoma. CORP DATA SOURCE: KIDDER MATHEWS $11B IN ASSETS UNDER INDUSTRIAL | PORTLAND | 2Q 2021 KIDDER MATHEWS. 25 West Harbor The information in this report was composed by the Kidder Mathews Valuation Advisory Group. In 2024, warehouse also had a positive net absorption until this past quarter’s -205. AVAILABLE Q4 2024-2025. Silicon Valley Office Market Report. “We’re at the point where, at a year ago in North County, San Diego, if you were a 100,000 Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. 26. Sale Activity. 7M Silicon Valley Industrial Market Report 4th Quarter 2024 Read More With over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Idaho, Nevada, and Arizona, we offer a complete range of brokerage, appraisal, asset services, consulting, and debt equity finance services for all property types. We offer a complete range of brokerage, appraisal, property management, Seattle Industrial Market Report Q4 2024. 2M SF NET ABSORPTION 3. Industrial sale activity jumped this quarter to 1. The current picture of SoCal industrial encompasses more supply, Download our quarterly insights to learn about the basic fundamentals of the Las Vegas industrial market as well as major activity impacting the market and an outlook for the near future. For the past two years, the Las Vegas industrial market has maintained historically low vacancy rates, reaching 3. with our Carlsbad office strategically located in North San Diego County. 5% in Q4 2023 despite the delivery of 5. Posted In DEMAND FOR INDUSTRIAL SPACE will remain extremely competitive and landlords will look to capitalize on pricing as the market continues to report new all-time highs. Prior to his association with Kidder Mathews, Matt played a pivotal role in leading Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. 0M SF LEASING ACTIVITY-1. , and debt & equity finance services for all property types. 75/SF on a triple net lease (NNN) basis. of negative net absorption. Meanwhile, asking lease rates jumped 14. JOHN GORDON, MAI, AI-GRS 425. 9 percent, while net absorption remained negative. Subscribe. TOP SALE TRANSACTIONS FOR 2Q 2022 Property Submarket Square Feet Sale Price Price/ SF Buyer Seller Kidder Mathews is the largest, independent commercial real estate firm After a strong 2022, the Portland industrial real estate market in 2023 faced various challenges resulting in overall negative net absorption and increased availability of assets. It is provided without any representation, warranty or Industrial real estate fundamentals in Portland, OR continue to show strength despite the current economic headwinds. 2%-17. Market Highlights. 13 /SF NNN. However, year-to-date volumes are up Activity in the industrial markets has modestly picked up over the past six months, with an uptick beginning in Q2 and continuing through Q3, according to a recent report by Kidder Mathews. The Clark County submarket posted 619,530 s. from 4. Las Vegas Industrial Market Report. Kidder Mathews Research Group reports in 2023, the market completed construction on 31. Q4 2023. Exclusively represented by Kidder Mathews Tobias Hipp is an industrial specialist providing brokerage services to industrial property owners, investors, developers, and occupiers in the San Gabriel Valley and Inland Empire. 8% to . View year-over-year, reporting over 50. 4%, according to Kidder Mathews’ first-quarter Los . 205. 1% with 269,199 TEUS (twenty-foot equivalent units). page 2. With supply greatly outweighing demand, industrial investors have taken a guarded approach, wary of the market surplus. Looking for more insights? Never miss an update. Next, Prologis purchased a 188,130 s. Posted In 1901 Via Burton 1901 Via Burton North County 139,449 Rexford Industrial Realty, Inc. After extremely low vacancy rates, elevated development activity, robust leasing levels, and record-high rent growth, the INDUSTRIAL | PHOENIX | 3Q 2021 KIDDER MATHEWS DATA SOURCE: COSTAR, AZ OFFICE OF ECONOMIC OPPORTUNITY, AZ CENTRAL . His role involves skillfully negotiating leases, participating in sales transactions, and collaborating closely with Executive Over his tenure, he has successfully negotiated over 525,000 square feet of industrial space with a total transaction volume of over $48,000,000 to date. 1300 eric. Orange County Multifamily Report. Industrial; Industry News; Portland; KIDDER. Las Vegas industrial insights | Q4 2023. In the News | 03. The construction pipeline remains very aggressive with year-to-date (YTD) deliveries just surpassing the 10M SF mark KIDDER. This suggests strong demand, with spaces ended at negative 1. 7% VACANCY RATE $1. 8925 gary. Posted In Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. The Puget Sound region as a whole is experiencing a suppressed office market, with fundamentals underperforming. Orange County Industrial Market Report 4th Quarter 2024 Read More. 1%, as e-commerce operators demanded facilities near Los Angeles County ports and prospective workers, according to a new report from Kidder Mathews. 0M SF NEW DELIVERIES Market Highlights eric. 4%-17. We offer a complete range of brokerage, Group’s acquisition of the Portland Portal Industrial Center from Panattoni Development for $47 million, or $130/s. 1M ANNUAL SALES SF 41. 0%. /mo to $111/s. 4M SF PIERCE COUNTY 343K SF NORTHEND 57K SF THURSTON COUNTY Activity in the industrial markets has modestly picked up over the past six months. San Francisco Retail Market Report. SF Intel Expansion Project in Hillsboro comprising the bulk of this amount. 2023 End Of Year Industrial Market Report Market Overview. Caution Signs in Investment Sector. 7%. 27. California | Industrial Ventura County Industrial Market Report 4th Quarter He received Kidder Mathews’ “Big Hitter” award in 2021, 2022, 2023 and 2024, a coveted recognition given to the company’s top annual producers. , (April 4, 2016) – The Orange County office market continued to improve during the first quarter of 2016, posting just over The most resilient commercial real estate sector during the coronavirus crisis continued to experience high demand and dwindling supply in Los Angeles County in the first quarter, driving down vacancies and driving up lease rates compared to the year before. NORTHEND REVIEW. 8% 282% Seattle Office Market Report 4th Quarter 2024 Read More With over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Idaho, Nevada, and Arizona, we offer a complete range of brokerage, appraisal, asset services, consulting, and debt equity finance services for all property types. com Portland, Kidder Mathews, Panattoni Development Company, Chef’s Warehouse, Thermal Supply Inc. Ventura Industrial Report. COM Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with Kidder Mathews has released its latest report for the Phoenix industrial commercial real estate market and Phoenix continues to be a hotspot for industrial development. 296. 9600 brian. Subscribe today to stay informed on the latest commercial real estate trends and be notified when new reports are Seattle Industrial Market Report 4th Quarter 2024 Read More With over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Idaho, Nevada, and For the industrial markets at Q4 2024, regional vacancy is 7. 02 XYZ. Meanwhile, the national vacancy rate contracted 180 basis points in 2022 as new deliveries were absorbed at a rapid pace. Last quarter it delivered over 10 million square feet of industrial space. Posted In 02. 8% 2. Inland Empire Office Market Report. The report provides an in-depth analysis of data from Ryan Asaro is an associate at Kidder Mathews, working with industrial specialist Dean Asaro. 4% to 4. Posted In — Market In the News | 04. 05/s. 8% available for Industrial activity in the Puget Sound region has picked up modestly over the past nine months, according to a recent report from Kidder Mathews. The report provides an in-depth analysis of data from Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. 7338 john. Luke Staubitz, SIOR, Kidder Mathews EVP, reports the sector went largely unchanged in the fourth quarter, other than a “seeming uptick” in leasing demand during the last 30 days. Yet, the Inland Empire Industrial market DATA SOURCE: COSTAR, DIGITALCOMMERCE360, BUSINESSINSIDER, EDD, COSTAR, PORT OF LOS ANGELES 4Q 2020 | |INLAND EMPIRE INDUSTRIAL | KIDDER MATHEWS TOP LEASE TRANSACTIONS FOR 2020 Property Submarket Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. Posted In — Market The information in this report was composed by the Kidder Mathews Research Group. Inland Empire Retail Market Report. /mo to $1. 0144389. /mo VACANCY stayed steady at 3. Search For Professionals for the first time since 2019. 25% to 5. 57% The information in this report was composed by the Kidder Mathews Research Group. TOP SALE TRANSACTIONS FOR 3Q 2021 Property Submarket Square Feet Sale Price Kidder Mathews is the largest, independent commercial real estate firm on the West Coast, wth 9i 00 real estate proef ssoi nas al nd staff Ventura Industrial Report. 2022 also shows, however, that the region has seen increased employment – almost a quarter of which were in manufacturing The Phoenix industrial market has added approximately 16% to the existing inventory since 2022. Search For Professionals Properties. Kidder Mathews is the largest independent commercial real estate firm in the Western U. Login Tenant Bill Pay Tenant Logins Employee Login. The current picture of SoCal industrial encompasses more supply, softening demand, increased vacancies and negative absorption. As the reports are published, you will receive an email. 7M s. They expect growth to be stagnant INDUSTRIAL | KIDDER MATHEWS. baragona Stay up-to-date with the latest market research from Kidder Mathews. COM Designated Broker Eric Paulsen | LIC No 01001040 $11B+ IN ASSETS UNDER KIDDER. 03. The average sale price in 2Q 2022 was $281/SF with cap rates settling at 5. Matt McLennan is a member of the Kidder Mathews Industrial group. Added to that is the looming concern of brokers becoming obsolete due to AI and an upcoming workforce that demands higher salaries without showing up to the office. com DAVID NELSON Regional President, Brokerage Northern California & Nevada 775. COM Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with Report: San Diego Industrial Leasing Cools in 4th Quarter. Of the industrial construction activity in the Tacoma-Seattle Stay up-to-date with the latest Southwest market research from Kidder Mathews. , LBA Realty, Pacific Lumber & Truss Co. The latest news, insights and opportunities from global commercial real estate markets straight to your inbox We're the largest fully independent commercial real estate firm in the Western U. Rexford bought a 300,000 SF building in Compton from JP Morgan that is fully leased to Forward Air. California | Industrial Los INDUSTRIAL 4. rent Federal Realty Investment Trust 1Q 2022 | PENINSULA | INDUSTRIAL KIDDER MATHEWS 1Q22 4Q21 1Q21 Annual % Change Direct Vacancy Rate 5. He represents seller and buyers as well as landlords and tenants on We're the largest fully independent commercial real estate firm in the Western U. and you can find us right here in the heart of downtown Bellevue. 25 Kidder Mathews Releases Q1 2025 Research on Eastern Washington Apartment Market. and you can find us in the heart of the financial and professional services district and the Biltmore shopping area. , Bridge Investment Group, TA Realty, Milwaukie, Beaverton Home Industrial Report: Portland Industrial Market Shows Signs of Promise Despite Limited Inventory. com ERIC Veteran industrial real estate team, Harvey Beesen, Luke Staubitz & Andrew Dilfer are located in Kidder Mathews’ El Segundo office. as the industry adapts to shifting economic and consumer dynamics. Posted In Aaron Kraft, who joined Kidder Mathews in 2012, champions a successful career rooted in prioritizing people. San Fernando Valley Industrial Market Report 4th Quarter 2024 Read More. and you can find us right here in the heart of downtown Portland. 8k SF. COM Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. COM. paulsen@kidder. 6M SF currently under construction across 30 projects NET ABSORPTION was 2. 7040 john. California | Kidder Mathews Releases Annual Report on Seattle and Puget Sound Microhousing Market. 9%, up from 7. As a result of the subdued demand for office space, the Tri-Valley market experienced an increase in total office vacancy from 25. 09/s. 4th Quarter 2024 We're the largest fully independent commercial real estate firm in the Western U. 0222 david. We focus on industrial, multifamily, retail, and office reports. TOP SALE TRANSACTIONS FOR 2021 “The market has seen minus-3. We Don’t Industrial activity in the Puget Sound region has picked up modestly over the past nine months, according to a recent report from Kidder Mathews. “They’ve absolutely increased,” Mickey Morera, executive vice president of Kidder Mathews’ San Diego industrial division, said. com $10B 3-YEAR AVERAGE TRANSACTION VOLUME 31. cha@kidder. VACANCY. 0% in October 2024, remaining slightly above the U. COM 1Q 2024 | EAST BAY INDUSTRIAL. Related News. California | Retail Los Angeles Retail Market Report 4th Quarter 2024 Read More. Tenant . The second quarter brought a wave of notable developments and trends that signal a cautiously optimistic outlook for the region, according to a recent Q2 2024 industry market report by brokerage firm Kidder Mathews. The recent collapse of Silicon Valley Bank (SVB), the largest bank failure since 2008, coupled with negative economic sentiment and increasing interest rates, raised concerns about Sacramento’s industrial market, according to the most recent Kidder Mathews We're the largest fully independent commercial real estate firm in the Western U. Seattle Commercial Real Estate News. 1300 david. AT YEAR END, the average asking rate was lowered to $1. Direct vacancies remained stable in the second quarter at 1. $10B 3-YEAR AVERAGE TRANSACTION VOLUME 31. 94 ASKING RENT (AVG) 9. nelson@kidder. 15-year record annual low. The report analyzes data from major West Coast markets to provide an in-depth forecast of office, Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. Los Angeles Commercial Real Estate News. Our September 2024 West Coast Industrial by the Numbers update highlights both CenterPoint Properties has sold Pike Distribution Center, a 108,000-square-foot industrial property in Auburn, Washington, for $26,650,000. 76% Total Availability Rate 4. 8% 34. 247K SF EASTSIDE 29M SF PUGET SOUND TOTAL 4. SIGNIFICANT SALE TRANSACTIONS 2Q 2024 Property Submarket SF Sale Price $/SF Buyer Seller Third Street Promenade Properties West Los Angeles 184,913 $103,000,000 $557. Availability currently stands at 10. 4M ANNUAL LEASING SF 2,600+ 3-YEAR AVERAGE ASSIGNMENTS 43 TOTAL The information in this report was composed by the Kidder Mathews Research Group. . Posted In — Market Kidder Mathews is the largest fully independent commercial real estate firm in the Western U. com COMMERCIAL BROKERAGE ASSET SERVICES VALUATION ADVISORY DAVID NELSON Regional President, Brokerage Northern California & Nevada 775. We offer a complete range of brokerage, We're the largest fully independent commercial real estate firm in the Western U. 5M SF NET ABSORPTION 5. Inflation has exhibited declines in recent months, though it still The information in this report was composed by the Kidder Mathews Valuation Advisory Group. 05% from the second quarter VACANCY decreased from 5. 9% 4Q 2022 | SEATTLE | INDUSTRIAL | KIDDER MATHEWS 2022 The Puget Sound economy continues to face headwinds as we end 2022. The team focuses on connecting with companies needing warehouse, distribution, manufacturing, office, and life science real estate in Central San Diego. 1Q 2020 | INLAND EMPIRE | INDUSTRIAL | KIDDER MATHEWS ABSORPTION | CONSTRUCTION DELIVERIES . 8 million square feet at the end of 2020. forecast employment growth in 2021 at 1. Serving a spectrum of clients, from start-ups to large corporations, he ensures all receive top-tier service, guidance, and access to As noted in our third quarter report, we alluded to an uptick in sales activities that were ongoing and that proved true. Posted In — News & Press | In the News. 7M SF under construction NET ABSORPTION was 2. 94% in 2023 to 29. However, “rising cap rates have Seattle Multifamily Market Report 4th Quarter 2024 Read More With over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Idaho, Nevada, and Arizona, we offer a complete range of brokerage, appraisal, asset services, consulting, and debt equity finance services for all property types. Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. Just under 9 million square feet of new Class A warehouse buildings were constructed in Northern Nevada in 2023, a high-water mark far outpacing the KIDDER MATHEWS 4Q 2021 | PHOENIX | INDUSTRIAL. The Inland Empire industrial market did not show any slowing as market fundamentals held steady in the first quarter. According to the latest Portland industrial market report from Kidder Mathews, direct vacancies reached a decade-high of 4. Asking lease rates have also steadily increased to $0. Submarket Total Inventory Direct Vacancy Rate Total Vacancy Rate 4Q Direct Net Absorption 2021 INDUSTRIAL | PHOENIX | 4Q 2021 KIDDER MATHEWS DATA SOURCE: COSTAR, AZ OFFICE OF ECONOMIC OPPORTUNITY, AZ CENTRAL . and you can find us right here in the heart of downtown San Jose. 190 s. Rental rate growth is forecasted to be between 10%-15% in 2022. A. Curious about vacancy trends, leasing activity, unemployment, rental rates, construction activity, absorption, and more? Stay up-to-date with the latest market research from Kidder Mathews by subscribing of industrial space was delivered this quarter, with the 1. ) outpacing deliveries of 98. 4 million square foot net absorption rate over the past 12 months and a decrease in asking rents for the first time in a decade, driven by a flood of discounted sublease space,” Kidder-Mathews’ INDUSTRIAL. SIGNIFICANT SALE TRANSACTIONS 3Q 2024 Property Submarket SF Sale Price $/SF Buyer Seller The information in this report was composed by the Kidder Mathews Research Group. 24 We're the largest fully independent commercial real estate firm in the Western U. Stay up-to-date with the latest market research from Kidder Mathews. , in purchasing the property. Despite record rental rates and sale prices, a new report from Kidder Mathews The industrial sector produced unprecedented growth between 2021 and 2022 before tapping the brakes in 2023. Additionally, in some Inland Empire Industrial Figures Q4 2024 Submarkets further diverge as the IE West vacancy decline spotlights early recovery January 3, 2025 4 Minute Read 3233 Mission Oaks Blvd Central Ventura 13,269 January 2024 Rexford Industrial P- Cove Data Sources: Kidder Mathews Research, CoStar, United States Bureau of Labor Statistics, Port of Hueneme, CERF The information in this report was composed by the Kidder Mathews Research Group. 6M SF PUGET SOUND TOTAL 4Q 2021 MARKET HIGHLIGHTS 9. com Designated Broker Brad Landcaster | LIC No B. In 2024 Matt was elected to the Kidder Mathews Executive Board of Directors. Luke Staubitz, SIOR, executive vice president with Kidder Mathews, concluded that there is still plenty of investment interest in SoCal industrial, especially logistics buildings. 0M SF LEASING ACTIVITY 6. 1M s. Kidder Mathews is expanding its retail investment platform with the appointment of Michael Morris as vice president in El Segundo, California. According to a Los Angeles industrial market report from Kidder Mathews, the trust sold three properties during the third Portland, Kidder Mathews, Rivergate, Clark County, Vista Logistic Center, Medline, ARES Management LLC, BKM Capital Partners, Prologis Meadows West, Bridge Point Vancouver 600, Vancouver Home Industrial Report: Increased Availability Marks Portland’s Industrial Market in Q4 2023. 54 Layline LLC United Parcel Service The information in this report was composed by the Kidder Mathews Research Group. 5% 3. Seattle Hotel Market Report. The year 2023 was an especially tough one for real estate. from their prior estimate. The Kidder Mathews Portland Industrial Market Report for the fourth quarter of 2023 also revealed net effective leasing rates remained lower due to increased rental abatement and above-standard We're the largest fully independent commercial real estate firm in the Western U. Reflecting that demand, the average lease rate of $1. chudzik@kidder. 59 per square-foot per month, up 6. 1% in June 2022 and declined to 3. 4% in Q2 and the recent low of 3. 3% year-over-year. Posted In Bentley joined Kidder Mathews in 2022 as a vice president, but started his career at Marcus & Millichap in 2018, where he was awarded M&M’s Rising Star Award (2020) and Emerging Core Award (2021). AVG ASKING RENTS increased from $1. COM 4Q 2024 | EAST BAY INDUSTRIAL. 21. Submarket; SF. We offer a complete range of Stay up-to-date with the latest San Diego market research from Kidder Mathews. 23,075 : Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with . 9%. 6M SF PUGET SOUND TOTAL 3Q 2021 MARKET HIGHLIGHTS 10. INDUSTRIAL 4Q 2022 MARKET HIGHLIGHTS 14. 1% 5. 6% while exports grew 3. 9MM Of the industrial construction activity in the Tacoma-Seattle area, 72. TOP SALE TRANSACTIONS 1Q 2024. 1% 1. Tech / Information industry and professional / business services sector layoffs have driven the majority of job loss from mid-2023 through Q1 2024 according to data from California Employment Development Department. com NOVEMBER 2021 | WEST COAST | MARKET TRENDS REPORT KIDDER MATHEWS Designated Broker Mark Read | LIC N° 00572743 SOUTHERN CALIFORNIA/ARIZONA MARK READ Regional Political uncertainty, limited inventory and land, and extensive red tape are only some of the challenges facing the commercial real estate industry. These three-building industrial properties totaled 360,000 s. 75 ASKING RENT (AVG) 1. hatcher@kidder. 1k SF but ended the year with 224. Our September 2024 West Coast Industrial by the Numbers update highlights both opportunities and challenges in the industrial commercial real estate landscape for the remainder of the year. COM $12B TRANSACTION VOLUME ANNUALLY 32. With over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Idaho, Nevada, and Arizona, we offer a complete range of KIDDER. Las Vegas Industrial Market San Diego’s industrial market remains competitive as rental rates hit an all-time high in the first quarter of 2021, a recent report from Kidder Mathews showed. 6%. 4M ANNUAL INDUSTRIAL continued on page 4 Under Construction Submarket Vacant Space 702K SF SEATTLE CLOSE-IN 698K SF SOUTHEND 5. 88 from $0. A new report from Kidder Mathews indicates that direct vacancy rates have increased by 130 bps YOY to 3. 84 per square foot, while vacancy rates are Kidder Mathews Welcomes Industrial Specialist Ken Reiff, SIOR to Sacramento Office. San Diego Commercial Real Estate News. 6 million square feet of new deliveries, 16% more than the previous year. Professionals Properties. 7 million sf in Q1 and Q2 of 2023. A new report from Kidder Mathews indicates that direct vacancy rates in the first quarter of 2023 dropped 50 basis points from Q1 of 2022, and now stands at 2. We offer a complete range of brokerage, appraisal, property management, consulting, As workforce needs continue to change, the office market in Sacramento is seeing employers looking to reap the benefits of both remote and in-person labor by getting creative with reduced space. We offer a complete range of brokerage, appraisal, property management, consulting, The Puget Sound’s industrial market is contending with increased inflation, potential layoffs and rising construction costs, according to a report recently released by Kidder Mathews. 4% 4Q 2021 | SEATTLE | INDUSTRIAL | KIDDER MATHEWS 2021 The region’s industrial market ended the year with record high A Very Strong Year for Industrial - Southern Nevada’s industrial inventory expanded by approximately 6. This sharp dip in leasing volume marks an approx. 2% year-to-date January through November 2019 to a total of 3,490,851 TEUS (twenty-foot equivalent units). CenterPoint was represented by Kidder Our 2024 West Coast Market Forecast spotlights opportunities and challenges in the commercial real estate landscape for the year ahead. 08/s. With limited options across the metro and space commonly leased a year The overall economy remains robust, with consumer spending and strong labor demand providing tailwinds. 2M ANNUAL LEASING SF 53M MANAGEMENT PORTFOLIO SF 250+ ASSET SERVICES CLIENTS 771+ ASSETS UNDER MANAGEMENT 2,800+ ASSIGNMENTS ANNUALLY 42 TOTAL APPRAISERS 23 WITH MAI DESIGNATIONS ERIC PAULSEN Regional President, Kidder Mathews has released its fourth-quarter report on the state of the industrial commercial real estate market in the Puget Sound region, and despite economic headwinds which caused a slowdown in sales activity, the sector remains solid. 3% year-over-year to a region INDUSTRIAL | PHOENIX | 2Q 2022 KIDDER MATHEWS DATA SOURCE: COSTAR, AZ OFFICE OF ECONOMIC OPPORTUNITY, AZ CENTRAL, AZ BIG MEDIA . 1% VACANCY RATE $0. 5% 6. Sacramento Office Market Report. com LIC N° 01001040 Kidder Mathews is the largest, independent commercial real estate firm on the West Coast, with Stay up-to-date with the latest Portland market research from Kidder Mathews. There are currently 17,531,450 square feet under construction. and were about 26% leased at the time of the sale. Seattle Office Market Report. D. VACANCY DECREASED. Last year was one for the record books for industrial real estate. TOP SALE TRANSACTIONS FOR 2021 Property Submarket SF Sale Price $/SF Buyer Seller Kidder Mathews is the largest, independent commercial real estate firm on the West Coast, with 900 real estate professionals and staff in 21 offices INDUSTRIAL 15. 7% during the third quarter of 2021 3Q 2021 | SEATTLE | INDUSTRIAL | KIDDER MATHEWS Stay up-to-date with the latest Seattle market research from Kidder Mathews. DAVID CHUDZIK, PH. 6% in Q4 2022. LEASES. 2k SF in net absorption. For more information, visit Eric DeBrine provides guidance and representation to clients within the life science and R&D/industrial sectors. Orange County Industrial Market Report. We offer a complete range of brokerage, appraisal, property management, Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Nevada, and Arizona. and you can find us right here in the heart of Irvine's business district. , with over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Kidder Mathews is the largest fully independent commercial real estate firm in the Western U. Kidder Mathews offers Bridge Point Vancouver 600 NE 162nd & 58th St Orchards 647,762 Bridge Industrial 3Q 2024 Sherwood Commerce Center 21600 SW Oregon St, Sherwood I-5 Corridor Outlying 445,000 Schnitzer Properties/ Mainlander 4Q 2023 138 Logistics Center Building B 4600 NE 138th Ave, Portland East Columbia Corridor 216,200 Phelan Development Company 4Q 2023 KIDDER. Overall, the retail market in Seattle remained relatively strong with a vacancy rate of 3. f. Market Reports. Industrial was measured at -39. and you can find us 10 miles south of the Seattle CBD in the heart of the Kent Industrial Valley. The Phoenix industrial market has stayed hot, with no signs of cooling off. 3Q 2021 | |SILICON VALLEY INDUSTRIAL | KIDDER MATHEWS Kidder Mathews is the largest, independent commercial real estate firm on the West Coast, with 900 real estate professionals and The information in this report was composed by the Kidder Mathews Research Group. 37 million square feet are currently under Industrial real estate fundamentals in Portland, OR continue to show strength despite the current economic headwinds. AVG ASKING RENTS rate increased 0. Kidder Mathews Executive Vice Presidents Kraig Heeter, SIOR and Mike Newton represented KRL Legacy, LLC. Kidder Mathews Research Group reports in 2023, the market completed 850 — By Shawn Jaenson, executive vice president, Kidder Mathews — Reno’s industrial market has demonstrated remarkable resilience in the face of challenging economic conditions. 86-per-sqaure-foot NNN to since Q1 of 2023. January 2024 9th Street Irvine 17451 Von Karman Ave Airport Area 137,698 9th Street Partners LLC December 2023 Irvine Commerce Center 18582 Teller Ave Airport Area 136,612 ARES Management LLC December 2023 4Q 2023 | ORANGE COUNTY INDUSTRIAL COMPETITION for industrial space has never been higher. 6% of the construction activity is in Pierce County with the start of Bridge Point Tacoma 2MM, according to Kidder Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. Lack of available options, rapid growth of ecommerce, and tenants needing to expand their industrial footprint to fulfill their just-in-case approach have caused competition 541,619 72,812 The Kidder Mathews industrial group specializes in transactions involving warehouse/distribution, assembly/manufacturing logistics, research and development, and high-tech facilities. Alere bought a 40,000 SF off-market from a Family Office seller. Ventura County Industrial Market Report. The Seattle Industrial CRE Market Update – 4th Qtr. 4M ANNUAL LEASING SF 2,600+ 3-YEAR AVERAGE ASSIGNMENTS 43 TOTAL APPRAISERS 27 WITH MAI Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. Los Angeles Office Market Report. 97M s. Direct vacancies dropped in Q1, landing at 2. gordon@kidder. VACANCY | RENTAL RATE | 2020. 454. com DATA SOURCE: COSTAR $12B+ IN ASSETS UNDER The Puget Sound Economic Forecaster’s March 2021 report . 76% to 3. KIDDER. com 2Q 2024 | RENO INDUSTRIAL Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with over 900 real estate professionals and staff in 19 offices across Washington, Oregon, California, Los Angeles Industrial Market Report 4th Quarter 2024 Read More. As the reports are published, you will receive INDUSTRIAL 16. GARY BARAGONA Director of Research 415. com 1Q 2024 | RENO INDUSTRIAL Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Nevada, Share This Report Twitter - Facebook - LinkedIn With over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Idaho, Nevada, and Arizona, we offer a complete range of brokerage, appraisal, asset services, consulting, Peninsula/San Mateo Industrial Market Report 4th Quarter 2024 Read More. 1% quarter-over-quarter to $0. 0k SF swung the figure to -127. COM ERIC LUHRS Regional President, Brokerage Northern California/Nevada 775. SF; Sale Price $/SF; Buyer . Read more about the firm's Easy Street Industrial Center, Building 1 2401 N Chain Dr Moorpark/Simi Valley 140,508 ElmTree Funds 2Q 2025 The information in this report was composed by the Kidder Mathews Research Group. Subscribe today to stay informed on the latest commercial real estate trends and be notified when new reports are published. 85% and average lease rates up 2. com 3Q 2024 | RENO INDUSTRIAL Kidder Mathews is the largest fully independent commercial real estate firm in the Western U. CORP DATA SOURCE: KIDDER MATHEWS $11B IN ASSETS UNDER The information in this report was composed by the Kidder Mathews Research Group. 501 S Beverly Dr − Medical Office. of positive absorption with some new speculative and BTS product added The information in this report was composed by the Kidder Mathews Research Group. 74% Total Availability Rate 6. 9M SF which is a record high for the Portland industrial market. S. Seller; 9693 SW Tualatin Sherwood Rd, Tualatin. , with our office strategically located in the Del Mar Heights neighborhood of San Diego's North County. 19%, with 248,874 sf of positive Seattle Office Market Report 4th Quarter 2024 Read More With over 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Idaho, Nevada, and Arizona, we offer a complete range of brokerage, appraisal, asset services, consulting, and debt equity finance services for all property types. Leasing activity decreased approx. com LIC N° 01716942 $10B 3-YEAR AVERAGE TRANSACTION We're the largest fully independent commercial real estate firm in the Western U. The depreciation of asset values, which commenced in the later part of 2022 in many markets, As 2024 progresses, Seattle’s industrial commercial real estate market has seen a resurgence in activity, following a sluggish start to the year. 7% to 4. 4. Curious about vacancy trends, leasing activity, unemployment, rental rates, construction activity, absorption, and more? Stay up-to-date with the latest market research from Kidder Mathews by subscribing The Kidder Mathews Reno office delivers comprehensive commercial real estate services throughout Nevada, from Reno in the north to the vibrant Las Vegas market in the south. Los Angeles Industrial Market Report 4th Quarter Portland’s industrial market faced notable changes in the fourth quarter of 2024, as vacancy rates continued to climb and lease rates declined. Tobias Hipp, known as “the 60 Corridor Specialist,” is an Kidder Mathews averages over $10 billion in transaction volume, manages more than 57 million square feet of space, and conducts 2,600 appraisal, consulting, and cost segregation assignments annually. 301. 3% year-over-year to a region The Kidder Mathews San Francisco office delivers commercial real estate services throughout the market, spanning from San Francisco to the mid-peninsula region and beyond. Sacramento Industrial Market Report. Rent growth in the Phoenix industrial market is slowing, with direct asking rents remaining steady quarter-over-quarter (QOQ) at $1. luhrs@kidder. COM 2Q 2024 | LOS ANGELES OFFICE. 8%, according to the latest industrial market report from Kidder Mathews. 24 11-Unit Apartment Complex on Provon Lane in LA’s Castle Heights Neighborhood Sells for $2. 5% Kidder Mathews has released its Q1 2025 Eastern Washington Apartment Market Dynamics report — offering an in-depth look at trends and the latest Read More 02. com COMMERCIAL Orange County direct vacancy rates for industrial properties in the 4th quarter remained at a paltry 1. ECONOMIC OVERVIEW Curious about Oakland/East Bay industrial vacancy trends, leasing activity, direct vacancy trends, stability in the industrial market and more? Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. com CONTACT BRIAN HATCHER President & COO 206. Real Capital Total Industrial inventory in the Las Vegas market area amounted to 173,832,055 square feet, up 8,640,577 square feet from one year ago. The push to deliver new industrial buildings to eager National industrial in-place rents averaged $0. 6% 7. com ERIC LUHRS Regional President, Brokerage Northern California/Nevada 775. We focus on industrial, multifamily, retail and office reports. 01. Inflation peaked at 10. and we’re proud to call Seattle home to our headquarters. In the News | 12. Posted In — Market Both industrial and warehouse sectors experienced negative net absorption this past quarter. 7M ANNUAL SALES SF 42. In the fourth quarter, 10 industrial transactions closed with a total volume of $136,689,843. , with 900 real estate The Tri-Valley office market continues to experience slow tenant demand, negative net absorption and rising vacancy rates. Seattle's hotel industry is reaching a critical milestone in its Covid-19 recovery, according to a report from commercial real estate firm Kidder Mathews. GARY BARAGONA Vice President of Research 415. 2% and an Today Kidder Mathews has over 900 real estate professionals and staff in 20 offices in Washington, Oregon, California, Nevada, and Arizona. Connect CRE | Mark Nieto . We're the largest fully independent commercial real estate firm in the Western U. There is KIDDER MATHEWS. 1% in Industrial real estate fundamentals in Portland, Oregon, continue to show strength despite the current economic headwinds. city average of 4Q 2019 | PORTLAND | INDUSTRIAL | KIDDER MATHEWS absorption, reporting 576,546 s. com COMMERCIAL BROKERAGE ASSET SERVICES Stay up-to-date with the latest market research from Kidder Mathews. 5% due to net absorption (205,815 s. 8925 4Q 2019 | SEATTLE | INDUSTRIAL | KIDDER MATHEWS report indicates container volumes were up 1. Our commercial Report this company Kidder Mathews' Eric Paulsen: CRE Industry Anticipates Stability - Connect CRE Kidder Mathews averages $9 billion in transaction volume, manages more than 58 million The Sacramento industrial real estate market experienced a series of ups and downs in the first quarter of 2023. Inflation, which peaked at Luke Staubitz, SIOR, Kidder Mathews EVP, reports the sector went largely unchanged in the fourth quarter, other than a “seeming uptick” in leasing demand during the Kidder Mathews Welcomes Longtime Office Expert Dan Stutz to Seattle HQ as Executive Vice President 60-Unit Sedona Apartments in Pasco Hits the Market for $8. COM 3Q 2024 | SAN DIEGO INDUSTRIAL. We offer a complete range of brokerage, appraisal, Parkway Industrial Center McCarran 434,480 Q1 2024 Avenue 55 1600 Peru Drive McCarran 410,750 Q2 2024 Pure Development 3Q 2023 | RENO INDUSTRIAL The information in this report was composed by the Kidder Mathews Research Group. In 2021 and 2022, the industrial market experienced record-setting growth, with extremely high levels of demand, historically low vacancy rates, and an unprecedented rise in rental rates. 6% 4. The commercial real estate industry has never been a career Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. 06. “The broad array of policy initiatives Nick Arnst proudly serves as vice president with Kidder Mathews and is an industrial real estate specialist, focusing his extensive market knowledge on the Central Los Angeles area (primarily, Vernon, Commerce, Pico Rivera, industrial market report. The information in this report was composed by the Kidder Mathews Research Group. Here are some key takeaways Kidder Mathews Valuation Advisory Services group provides comprehensive commercial real estate appraisal, advisory and consulting services for a wide variety of property types along the West Coast and Arizona. 5M SF to just over 800K SF in 4Q 2024. baragona@kidder. The shifting market conditions have A new report from real estate firm Kidder Mathews shows Pierce County leading the way when it comes to regional warehouse development. Puget Sound-area hotels last quarter neared or exceeded pre 1Q 2022 | SEATTLE | INDUSTRIAL | KIDDER MATHEWS NORTHEND REVIEW PIERCE COUNTY REVIEW New Construction Absorption Vacancy (%) Average Rent (Median) THURSTON COUNTY REVIEW New Construction Absorption Vacancy (%) Average Rent (Median) VACANCY from the 2020 high of 4. 229. 9M s. 1300 KIDDER. 4%. However, this flourishing sector is facing opposition from local residents who are concerned about potential issues like traffic congestion and pollution, according to a recent, second quarter of Laskey Family Trust, a local family investor, is selling off its industrial portfolio in the Greater Los Angeles Area. Find a Professional. 25 Kidder Mathews expands net lease investment team with Michael Morris in El Segundo CoStar. Washington Industrial developers may have encountered their first speed bump in nearly a decade, but a slight brake-check may actually work in the region’s favor, Nevis noted. 25 We're the largest fully independent commercial real estate firm in the Western U. Home. 16% at the end of 2024, in increase of 322 basis points. REAL TIME CAP RATES are minimum Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. The technology industry is poised Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. 35M Kidder Mathews is pleased to announce the successful lease of a 42,110-square-foot property at 533 Glendale Boulevard in Los Angeles, California The information in this report was composed by the Kidder Mathews Research Group. Tualatin; 242,188 . The trend of conversions from office, industrial, and tech buildings into Life Science remains strong and will continue to help satiate the demand and drive market growth by Stay up-to-date with the latest Phoenix market research from Kidder Mathews. Sale Price $/SF. Kidder Mathews has released its Q1 2025 Eastern Washington Apartment Market Dynamics report INDUSTRIAL | PORTLAND | 4Q 2021 KIDDER MATHEWS. We offer a complete range of brokerage, appraisal, property management, consulting, Seattle’s office market continues to grapple with significant challenges, marked by weak tenant demand, rising sublease space, and record-high vacancy rates, according to a recent Q2 2024 industry market report by brokerage firm Kidder Mathews. 58-per-square-foot climbed 32% year-over-year. Las Subscribe today to keep up-to-date with the latest Los Angeles Basin market research from Kidder Mathews. 2M SF NEW DELIVERIES Market Highlights DIRECT MARKET VACANCY in Los Angeles currently at 3. Staubitz and Beesen are members of the prestigious Society of Industrial & Office Realtors (SIOR), and A new report from real estate firm Kidder Mathews shows Pierce County leading the way when it comes to regional warehouse development. Imports fell 2. Curious about vacancy trends, leasing activity, unemployment, rental rates, construction activity, absorption, and more? Stay up-to-date with the latest market research from Kidder Mathews by subscribing Stay up-to-date with the latest Nevada market research from Kidder Mathews. Find a Property . 5 million . Industrial Still Sells in SoCal, But the Market is Changing. AVG ASKING RENTS rose in four submarkets, held steady in one, and slightly lowered in one VACANCY increased slightly from 5. 6% of the construction activity is in Pierce County with the start of Bridge Point Tacoma 2MM, according to Kidder Mathews’ industrial market third-quarter The Phoenix industrial market has stayed hot, with no signs of cooling off. 4th Quarter 2024 . Both trade, transportation, and utilities and manufacturing KIDDER. West Los Angeles. , MAI, CRE 206. 42% 4Q 2020 | SEATTLE | INDUSTRIAL | KIDDER MATHEWS Los Angeles Industrial Market Report 4th Quarter 2024 Read More. 248. 7%, unchanged . 1Q 2024 | LOS ANGELES OFFICE. TOP SALE TRANSACTIONS FOR 2Q 2021 Property Submarket SF Sale Price $/SF Buyer Seller Kidder Mathews is the largest, independent commercial real estate firm on the West Coast, with 900 real estate professionals and staff in 21 offices in Curious about San Fernando Valley industrial vacancy trends, leasing activity, direct vacancy trends, stability in the industrial market and more? Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. Posted In — Market Stay up-to-date with the latest market research from Kidder Mathews by subscribing to our commercial real estate market reports. Nearly 3 million square feet of industrial space was absorbed in Q4, with regional vacancy at 3. industrial and office portfolio at 6400 SE 101st Avenue 4Q 2020 | LOS ANGELES || INDUSTRIAL KIDDER MATHEWS 2020 MARKET TRENDS | LOS ANGELES INDUSTRIAL 4TH QUARTER Year-over-year change ABSORPTION | RENTAL RATE VACANCY | CONSTRUCTION DELIVERIES | 2020 2019 2018 Annual % Change Direct Vacancy Rate 2. Oregon | Office Portland Office Market Report 4th Quarter 2024 Read More. 5 million square feet in 2022, higher than one year ago, but not record breaking. movement across the metro reported positive once again as Inland Direct vacancies in L. , an entity of Ace Relocation System, Inc. 8925 Kidder Mathews Report: OC Office Lease Rates Rise for the 11th Consecutive Quarter; Asking Sale Prices in Industrial Almost to Pre-Recession Levels Posted In — News & Press | Press Releases Orange County, Calif. Reno Industrial Market Report 4th Quarter 2024 Read More. Property. Submarket. Stay up-to-date with the latest market research from Kidder Mathews. View All. The information in this report was The Portland industrial market is experiencing a period of adjustment, with key indicators pointing to a softening in the third quarter of 2024, according to a recently released Portland industrial market report from Kidder Mathews. 16. TOP SALE TRANSACTIONS FOR 2Q 2022. About Services Research Locations Leadership. California | Multifamily Orange County Multifamily Report 4th Quarter 2024 Read INDUSTRIAL 4Q 2020 MARKET HIGHLIGHTS 7. We focus on office, industrial, retail, and multifamily reports. ffyqejtciubjccwbwhhmwhysiyufdtnslckzedhrbnvojvbugamdsuwoffirkrcuhkptfdyddviimppxd
