The Ponce Real Estate Group has been diligently analyzing trends in the industrial real estate market, and we’re thrilled to share some exciting news—green shoots are emerging in Los Angeles’ industrial sector!
After a challenging period from 2023-2024, where L.A. faced record-breaking occupancy losses, the tide is finally turning. Tenant demand for space is rebounding as we move into 2025, signaling new opportunities for industrial property owners and investors alike.
Here’s why now is the time to act:
· Leasing Momentum: In January 2025 alone, over 4 million square feet of industrial space was leased, followed by another impressive 3 million square feet in February. If this pace continues through March, quarterly leasing could hit a record-breaking 12 million square feet—the highest in nearly four years!
· Increased Deal Flow: With over 700 leases already signed this quarter in L.A. County, we’re on track to surpass 800 leases—the best performance since early 2021.
· Big Deals Are Back: At least 14 major leases exceeding 100,000 square feet have been completed, outpacing last year’s first quarter. For instance, the nearly 700,000-square-foot building at Grand Crossing in the City of Industry recently found its tenant—a clear sign of rising demand for top-tier properties.
· Ample Opportunities: Space availability has climbed to its highest level in over a decade, with 78 million square feet now on the market, giving tenants more options than ever before.
The resurgence of L.A.’s industrial market is undeniable, and the Ponce Real Estate Group is your ultimate partner in navigating this exciting landscape. Whether you’re buying, selling, or leasing, our expertise and global platform will connect you with the right opportunities.
Let us help you achieve success in this thriving market! Reach out to us today:
· Frank: (310) 503-4158
· Viktorie: (424) 301-0075
Together, we’ll turn opportunities into achievements. Let’s make 2025 the year for your industrial real estate goals!
