Sacramento industrial real estate market reports
Q1 2024
In Q1 2024, Sacramento's industrial market saw a notable increase in availability without new construction, reflecting a halt in construction due to rising costs. Additionally, Q1 2024 marked the second consecutive quarter of negative net absorption, indicating economic pressures impacting the once-immune industrial sector. Despite a slowdown in sales activity, industrial properties maintain high valuations, suggesting owners' confidence in their long-term stability amidst market turbulence.
9.7 msf
Availability
Availability increased significantly in Q1 2024
-160K
Net Absorption
Q1 2024 marks the second quarter of negative absorption
$136 psf
Sales Valuation
Valuation remains high despite low sales volume
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