Cerritos/Norwalk
Los Angeles - CA USA - Industrial Submarket
Industrial real estate intelligence for the Cerritos/Norwalk submarket. 21.7M SF of inventory with 4.8% vacancy. Data sourced from various MLS platforms.
21.7MSF
Inventory
1.8MSF
Available
4.8%
Vacancy
8.3%
Availability Rate
$15.60
Asking Rent
-4.0%
Rent Growth
567KSF
12mo Absorption
161KSF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
0.7%%
Sale Price/SF
$291
Cap Rate
5.2%%
12mo Sales Volume
$235,529,222
Sales Vol Growth
3.6%
Asset Value
$6,355,090,779
Net Absorption
+567K SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| LA2 | - | 424,000 | Stonepeak Partners LLC |
| LA3 | - | 160,000 | Stonepeak Partners LLC |
| LA3 | - | 160,000 | American Tower Corporation |
| LAX4 | $174.0M | 287,999 | Mapletree US Management, LLC |
| LAX1 - Los Angeles Data Center | $71.0M | 150,719 | Buyer 1 NantHealth, LLC | Buyer 2 Serverfarm |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 1601 Perrino Pl | 25,000 | $24.00 | Se Jong Yoon |
Data Centre Development Potential
Moderate vacancy (4.8%) in Cerritos/Norwalk suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 161K SF indicates developer confidence in the submarket. Positive net absorption of 567K SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Los Angeles - CA USA
Evaluating Cerritos/Norwalk for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.