Westside
Los Angeles - CA USA - Industrial Submarket
Industrial real estate intelligence for the Westside submarket. 24.8M SF of inventory with 8.6% vacancy. Data sourced from various MLS platforms.
24.8MSF
Inventory
2.4MSF
Available
8.6%
Vacancy
9.5%
Availability Rate
$32.95
Asking Rent
-3.2%
Rent Growth
-227,164SF
12mo Absorption
0SF
Under Construction
Market Metrics
12mo Delivered
0 SF
Under Constr % of Inv
0.0%%
Sale Price/SF
$530
Cap Rate
5.2%%
12mo Sales Volume
$185,444,357
Sales Vol Growth
41.2%
Asset Value
$13,197,830,622
Net Absorption
-227,164 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 (8.6%) in Westside may indicate availability of conversion-ready industrial buildings for data centre development. Negative absorption of 227K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Los Angeles - CA USA
Evaluating Westside 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.