Commerce
Los Angeles - CA USA - Industrial Submarket
Industrial real estate intelligence for the Commerce submarket. 50.8M SF of inventory with 4.8% vacancy. Data sourced from various MLS platforms.
50.8MSF
Inventory
3.2MSF
Available
4.8%
Vacancy
6.4%
Availability Rate
$14.77
Asking Rent
-4.2%
Rent Growth
1.4MSF
12mo Absorption
284KSF
Under Construction
Market Metrics
12mo Delivered
182K SF
Under Constr % of Inv
0.6%%
Sale Price/SF
$277
Cap Rate
5.1%%
12mo Sales Volume
$262,509,901
Sales Vol Growth
306.3%
Asset Value
$14,137,197,461
Net Absorption
+1.4M 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 |
| Cold Storage Warehouse | 170,223 | $8.99 - 10.99 (Est.) | Karis Cold Storage |
Data Centre Development Potential
Moderate vacancy (4.8%) in Commerce suggests a balanced market with selective opportunities for data centre conversion or development. Active construction pipeline of 284K SF indicates developer confidence in the submarket. Positive net absorption of 1.4M SF over the past 12 months signals healthy demand fundamentals.
Other Submarkets in Los Angeles - CA USA
Evaluating Commerce 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.