Vernon
Los Angeles - CA USA - Industrial Submarket
Industrial real estate intelligence for the Vernon submarket. 84.0M SF of inventory with 8.1% vacancy. Data sourced from various MLS platforms.
84.0MSF
Inventory
7.5MSF
Available
8.1%
Vacancy
8.9%
Availability Rate
$14.42
Asking Rent
-4.3%
Rent Growth
-145,600SF
12mo Absorption
400KSF
Under Construction
Market Metrics
12mo Delivered
133K SF
Under Constr % of Inv
0.5%%
Sale Price/SF
$276
Cap Rate
5.1%%
12mo Sales Volume
$360,134,071
Sales Vol Growth
17.9%
Asset Value
$23,278,831,254
Net Absorption
-145,600 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
High vacancy (8.1%) in Vernon may indicate availability of conversion-ready industrial buildings for data centre development. Active construction pipeline of 400K SF indicates developer confidence in the submarket. Negative absorption of 146K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Los Angeles - CA USA
Evaluating Vernon 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.