NAI Capital Commercial

Despite Rising Cap Rates, Taxes, and Regulatory Hurdles, Key Sectors Show Promising Signs of Recovery and Investor Interest Images highlighting top multifamily, industrial, retail, and office sales in Los Angeles…

NAI Capital Commercial stands ready to collaborate with organizations like NAIOP and BOMA to advocate for policies that protect public health while preserving jobs, local autonomy, and the future of…

Population in-migration, affordable housing, and new retail developments drive demand as the region navigates higher vacancy rates, slower rent growth, and rising construction costs in 2024. Lewis Retail Centers’ mixed-use…

Internal migration, employment, and new developments are driving growth, while affordability and easing investor hesitation are shaping market conditions across the region. Aerial view of Simon Property Group’s mixed-use redevelopment…

Sublease Space Increases, Vacancy Rates Fluctuate, and Employment Growth Offers Hope Amidst Rising Cap Rates and Decreased Sales Volume JPI’s 18-acre multifamily development in Riverside, CA, featuring a 482-unit apartment…

Insights from NAI Capital Finance on Mortgage Rates, Market Reactions, and Strategic Moves for Borrowers Thomas Preston, Senior Managing Director and Head of Capital Markets at NAI Capital Finance, in…

While the Inland Empire’s economy, in-migration, and employment continue to drive regional growth, the pace of expansion is expected to slow in the second half of 2024. JPI’s 18-acre multifamily…

As the economy evolves, lower rates offer a promising outlook for commercial real estate CEO Chris Jackson at his office, NAI Capital Commercial Headquarters   September 2024 | J.C. Casillas,…

Despite maintaining low vacancy rates, Ventura County’s industrial sector grapples with reduced rent growth and a significant slowdown in leasing and sales activity, driven by high construction costs and rising…

Vacancy Rates Decline as Subleasing Trends Shift and Investors Adapt to Evolving Economic Conditions Aerial view of the Airport office submarket, the largest in the region, with the highest vacancy…

Retail sector grapples with rising vacancies, ongoing bankruptcies, and shifts in leasing dynamics; investor interest in prime locations remains strong despite overall challenges. DSW has now taken over a 15,000-square-foot…

Strategic Investors Navigate Tight Credit Conditions and ULA Tax Challenges Aerial view of Onni Group’s apartment tower in Downtown L.A.: 54 stories with 685 apartments under construction, expected to be…

Lower Leasing Velocity and a Significant Increase in Sublease Space Shaping Market Dynamics Goodman Commerce Center Cypress is under construction with two manufacturing facilities totaling 390,268 square feet, set for…

 Vacant Sublease Space Surges to 13.1 million square feet—a new all-time high Speedway Commerce Center: A 6.5M SF development located in Fontana, Phase 1 under construction with 1.8M SF delivering…

Record High Sublease Availability Drives Rent Reductions, Outpacing Direct Space Market Growth Aerial view of JMB Realty’s 731,250 SF, 37-story Century City Center office tower under construction, 100% preleased and…

Demand Shifts Market Dynamics with Vacancies Highest in More than A Decade Goodman Commerce Center Long Beach, Building One, 505,043 Square Foot Available Warehouse Under Construction Live Webcam Picture  …

Q2 2024: Vacancy Rates Rise, Rents and Sale Prices Drop Amid High Interest Rates, While Multifamily Sector Rents and Retail Sale Prices Increase Despite Higher Vacancies The largest mixed-use apartment…

Discover the Benefits, Strategies, and Insights for Aspiring Commercial Real Estate Professionals   June 2024 | J.C. Casillas, Managing Director, Research and Public Relations at NAI Capital Commercial Summer is…

While Overall Job Growth Poses Challenges, Sectors That Typically Occupy Office Space Are Showing Gradual Increases Buoying Occupancy Spectrum Terrace: 1.1M SF office campus, nine 4-story buildings, 81.1% occupancy, built…

Brian Childs, Executive Managing Director of our NAI Capital Commercial’s Orange County Office, Shares Key Insights on Trends Driving Tenants Back to the Office. Brian Childs, Executive Managing Director of…

Sublease Space is Now Four Times Greater Than During the Great Recession 1-Million Square Foot Warehouse Built in 2022 Available for Sublease in the East Inland Empire   May 2024…

Opportunities Abound as the Market Continues to Evolve for Tenants and Investors LBA Logistics’ 165,850 SF Warehouse Under Construction in Anaheim, CA Leased to Sunrise Produce   May 2024 |…

Michael Arnold, Executive Vice President and Founder of the Tenant Consulting Group at NAI Capital Commercial, Provides In-Depth Analysis and Insight on ‘flight to quality.’ Michael Arnold, Executive Vice President,…

Multifamily Pricing Rises, While Industrial, Retail, and Office Lag Behind Apartments line the Downtown Los Angeles skyline, set against the backdrop of the snow-capped Mount Baldy/San Gabriel Mountains April 2024…

In 2023, new construction drove up vacancies, while a new tax and borrowing costs contributed to a decline in sales. J.C. Casillas Managing Director, Research NAI Capital Commercial The rate…

As the market witnesses an increase in sublease space, it is expected that sublessors will increasingly offer rent discounts Michael Arnold Executive Vice President Founder Tenant Consulting Group NAI Capital…

J.C. Casillas, Managing Director of Research at NAI Capital Commercial said, “LA County’s Industrial Market is getting to a more sustainable pace.” J.C. Casillas Managing Director, Research NAI Capital Commercial…

Michael Arnold, Executive Vice President, Founder Tenant Consulting Group at NAI Capital Commercial said, “There is an abundance of sublease space on the market. Landlords are having to compete with…

Bill Kiefer, SIOR, Executive Managing Director of NAI Capital Commercial’s Ventura County office said, “Property buyers remain on the “sideline” hoping for a “better day” when values drop, possibly in…

Nicholas Chang, CCIM, SIOR, Executive Vice President of NAI Capital Commercial’s Investment Services Group, Shares his Insights on A Year of Transformation and its Effects on Industrial Real Estate Valuations…

Interest Rates, Taxation Changes, and Shifting Market Dynamics Challenge Sellers and Buyers   In the third quarter of 2023, commercial real estate sales in Los Angeles County experienced a significant…

  NAI Capital Commercial is excited to introduce Capital Commercial Management, a specialized property management solution that aims to enhance its service offerings for owners of commercial real estate, providing…

Moderating rents, construction, and elevated costs reshape the multifamily landscape as investors manage tax impacts, market uncertainties, and evolving tenant demand An artist’s rendering of Carmel Partners’ Alloy, a mixed-use…

Vacancy Rates Climb, Construction Slows, and Prices Adjust as Economic Pressures Reshape Industrial Real Estate Majestic Realty’s newly built, state-of-the-art 694,400-square-foot warehouse distribution building at Grand Crossing South, available for…

While weak demand and rising vacancy rates persist, emerging trends in property sales and adaptive reuse signal potential opportunities for landlords and investors. Aerial view of Carmel Partners’ state-of-the-art creative…

Market Overview The L.A. County office market’s recovery is hindered by weak demand, unoccupied new construction a, and continuous rise in vacant space. Landlords, wary of adjusting asking rents despite…

MARKET OVERVIEW L.A. County’s retail market recovery, four years post-pandemic, continues at a slow pace. In Q2 2024, the retail sector saw another uptick in the vacancy rate, rising 20…

Market Overview In Q2 2024, the multifamily sector experienced another uptick in the vacancy rate, rising 20 bps quarter-over-quarter and 40 bps year-over-year to 5.1%. New construction was a key…

MARKET OVERVIEW In Q2 2024, the industrial vacancy rate in the Inland Empire reached 7.2%, rising by 20 basis points quarter-over-quarter and increasing by 330 basis points year-over-year. Over the…

MARKET OVERVIEW In Q2 2024, the industrial space vacancy rate in L.A. County rose, contributing to a 160-bps increase year-over-year, now standing at 5.3%, which is 50 basis points higher…

MARKET OVERVIEW The Inland Empire’s industrial market started 2024 by slowing construction momentum. Approximately 7.4 million square feet of completed construction in the first quarter were added to the market,…

MARKET OVERVIEW In Q1 2024, the rise in vacancy of industrial space in LA County continued, contributing to a 180-bps increase in the vacancy rate year over year, now standing…

Market Overview  The multifamily sector maintained a steady vacancy rate of 4.8%, holding firm from the end of the previous year. The increase in newly completed units, particularly in the…

  Market Overview Despite the continuous rise in vacant space, weak demand, and unoccupied new construction hinder the LA County office market’s slow journey to recovery. Landlords, wary of adjusting…

MARKET OVERVIEW The lifting of state and local eviction protections in January 2023 has led to a rise in vacancy and rent in LA County’s multifamily market. Tenants who have…

MARKET OVERVIEW In Q2, the changing economy caused a slowdown in L.A. County’s retail market. Landlords with nonprime retail space experienced sluggish progress. The vacant space expanded by 746,932 square…

MARKET OVERVIEW The Inland Empire’s industrial market is undergoing a shift as it moves away from the previously high demand for warehouse and distribution space. This shift has resulted in…

MARKET OVERVIEW L.A. County’s industrial market is shifting from high demand for warehouse space, resulting in an increasein excess space available for sublease. The market has observed a significant surge…

  Market Overview The Los Angeles County office market is experiencing a slow recovery, with companies bringing employees back to the office while others cut back on office space. Despite…

Market Overview Ventura County’s office market is recovering from the pandemic shutdown. Tenant demand weakened slightly, but rents remained stable. However, vacant office space increased by 135,848 square feet, pushing…

Market Overview Orange County’s office market in Q1 struggled with low demand, resulting in a higher vacancy rate of 13.3%. Sublease space availability increased by 4.6% from the previous quarter…

  Market Overview The Los Angeles County office market is experiencing a slow recovery, with companies bringing employees back to the office while others cut back on office space. Despite…

  Market Overview The impact of demand caused by the pandemic and supply chain challenges is now in the rearview mirror, and it has resulted in an increase in available…

Market Overview Since authorities lifted pandemic-era state and local eviction protections, multifamily housing vacancy rates and rents have risen in Los Angeles County. As of January 1, 2023, tenants who…

MARKET OVERVIEW The Inland Empire’s industrial market continued to notice the increase in construction shaping up from the impact of demand caused by the pandemic and supply chain challenges that…

MARKET OVERVIEW LA County’s retail market post-pandemic recovery moved slowly in Q4 2022. Vacancy, sublease space, and slack demand for retail space confronted landlords contending with a changing economy. While…

MARKET OVERVIEW Los Angeles County multifamily market rent eased 0.3 percent in Q4 2022 compared with the prior quarter, marking the first quarter over quarter deceleration since the pandemic shutdown…

MARKET OVERVIEW Los Angeles County’s office market remained on a slow path to recovery, as companies worked to bring employees back to the office while others cut back on office…

MARKET OVERVIEW The industrial market in the Orange County saw vacant space drop to a record low in Q4 2022 as supply chain issues began to get sorted out together…

MARKET OVERVIEW  Ventura County’s industrial market loosened up in the fourth quarter of 2022, as vacant space saw a 44.1 percent increase from Q4 2021. While the vacancy rate increased…

 MARKET OVERVIEW   The industrial market in Los Angeles County saw an uptick in vacant space as supply chain issues eased and warehouse space for cargo coming from the ports of…

MARKET OVERVIEW  In the fourth quarter of 2022, the Inland Empire’s industrial market began to see an improvement taking shape from the impact of sorting out supply chain challenges caused…

MARKET OVERVIEW Orange County’s industrial market vacancy rate remained near its record low as around the clock operations at the ports of Los Angeles and Long Beach gained the upper…

 MARKET OVERVIEW  Ventura County’s industrial market loosened up in the third quarter of 2022, as vacant space saw a 26.6 percent increase from Q2 2022. While the vacancy rate increased…

MARKET OVERVIEW LA County’s retail market post-pandemic recovery continued in Q3 2022. Easing vacancy, lower construction, and a growing demand for retail space helped landlords contend with the changing economy.…

  MARKET OUTLOOK Los Angeles County’s office market remains on a slow path to recovery, as more and more companies try to bring their people back to the office after…

MARKET OVERVIEW Available warehouse space in the Los Angeles County got a little less scarce for cargo coming from the ports of Los Angeles and Long Beach. The industrial market…

    MARKET OUTLOOK In the third quarter of 2022, the Inland Empire industrial market continued to experience the effects of sorting out the supply chain challenges caused by pandemic.…

MARKET OVERVIEW In Los Angeles County the multifamily housing market continued stomaching remnants of the statewide eviction moratorium, which was put in place March of 2020 thru September 30, 2021,…

                            MARKET OVERVIEW  The vacancy rate for multifamily housing in Los Angeles County fell to 3.3 percent…

MARKET OVERVIEW  Los Angeles County’s office market took a step forward as companies continued to work to bring their people back into the office post-pandemic. With the vacancy rate inching…

 MARKET OVERVIEW  Ventura County ’s industrial market loosened up in the second quarter of 2022, as vacant space saw a 15.2 percent increase from Q1 2022. Still, the vacancy rate…

MARKET OVERVIEW Los Angeles County’s industrial market got a bit of breathing room from the relentless demand for warehouse distribution space as the amount of completed construction (1,849,286 square feet)…

MARKET OVERVIEW  Orange County’s industrial market has strengthened, as the economy and ecommerce surged post-pandemic. Soaring rent triggered construction while incessant demand for warehouses depleted existing supply. This quarter vacancy…

MARKET OVERVIEW Sustained demand for warehouse distribution space is keeping developers active in the market which has resulted in more industrial development projects in the Inland Empire to keep pace…

 Orange County’s office market offered up more space as companies strived to bring their people back into the office after the pandemic shutdown. The vacancy rate inched upward as demand…

MARKET OVERVIEW Orange County’s office market gained occupancy as companies persisted in bringing their people back into the office post pandemic. The vacancy rate inched downward as demand for office…

Ventura County’s office market is in recovery mode as companies are working to bring their people back into the office post the pandemic shutdown. Tenant demand improved moderately this quarter…

 In Los Angeles County the vacancy rate for multifamily housing fell to 3.3 percent in the first quarter of 2022, down 20 basis points quarter over quarter and 100 basis…

LA County’s retail market continued to feel the drag from the post-pandemic shutdown. Vacancy, lower construction, and slack demand for bricks and mortar retail has landlords contending with retailers coming…

Los Angeles County’s office market took one step back as companies continued to struggle to bring their people back into the office after the pandemic shutdown. With the vacancy rate…

 The shortage of warehouse distribution space in the Inland Empire’s industrial market continued in the first quarter of 2022, as new development increased to keep pace with the economic growth…

Los Angeles County’s industrial market continued feeling the demand for warehouse distribution space as the amount of completed construction (959,920 square feet) was basically matched by 998,418 square feet of…

MARKET OVERVIEW The industrial market in the Inland Empire is going through the roof as a supply chain crisis continues to overwhelm the ports of Los Angeles and Long Beach…

MARKET OVERVIEW The industrial market in the Inland Empire is going strong, as the economy reopened. A year after the pandemic shutdown began, demand for warehouses is soaring, rents are…

LA County’s industrial market tightened up more, a year into the pandemic. Availableindustrial space decreased 22% in Q1 2021 from Q1 2020, while the average asking rentincreased 4% to $1.04/SF…

A year into the pandemic, the pace of the Inland Empire’s industrial market changed.As the economy began to reopen from the Covid-19 shutdown, rising rents and soaringdemand for warehouses motivated…

The multifamily housing market continued to be restrained by the effects of an economythat spent nine months of the year under a COVID-19 shutdown. Since the onset ofthe pandemic’s forced…

The Los Angeles County Office market ended the year feeling the effects of an economythat spent three quarters of 2020 under a COVID-19 shutdown. Since the onset of thepandemic’s forced…

Los Angeles County’s industrial market is overcoming the effects of an economy thatspent the last three quarters of the year under a COVID-19 shutdown. In Q4 2020, theaverage rent edged…

In the fourth quarter of 2020, Los Angeles County’s retail market continued to be challengedby the effects of an economy that spent three quarters of the year under a COVID-19shutdown.…

In the fourth quarter of 2020, the Inland Empire industrial market continued to battle theeffects of an economy that spent three quarters of the year under a COVID-19 shutdown.The average…

The Ventura County office market experienced lower leasing volume, a rise in vacancy and a decline in the average asking rent after spending an entire quarter under the COVID-19 shutdown.

After an entire quarter under a COVID-19 shutdown, the Orange County office market experienced lower transaction volume, an uptick in vacancy and landlords propping up asking rents.

The Los Angeles County office market is witnessing lower transaction volume, rising vacancy and slowed rent growth after spending Q2 2020 under a COVID-19 shutdown.

While leasing volume was subdued after spending an entire under the COVID19 shutdown, the Inland Empire office market saw upticks in the vacancy rate and the average asking rent.

The industrial market in Ventura County was experiencing increased vacancy and flat rental rates, prior to the COVID-19 pandemic shutdown.

After spending the entire second quarter of 2020 under a COVID-19 shutdown, Orange County’s industrial market was left with lower transaction volume, an uptick in vacancy and the highest asking rent on record Leasing volume declined 20.3% over the previous quarter, down 16.7% from Q2 2019 to nearly 2.5M SF.

After spending the entire second quarter of 2020 under a COVID-19 shutdown, the Los Angeles County industrial market was left with lower transaction volume, an uptick in vacancy and a dip in the average asking rent.

After spending the entire second quarter of 2020 under a COVID-19 shutdown, the Inland Empire’s industrial market was left with fewer transactions, a dip in the average asking rent and lower vacancy.

Ventura County’s retail market witnessed steady growth in the first quarter until the COVID-19 shutdown.

Prior to the COVID-19 shutdown, Orange County’s retail market held its footing with continued rent growth and low vacancy in the first quarter.

The Los Angeles retail market cooled in the first quarter in the wake of the COVID-19 shutdown.

The Inland Empire retail market showed signs of softening in the first quarter heading into the COVID-19 shutdown.

Ventura County’s multifamily softened slightly but remained near the peak reached in 2019 prior to the COVID-19 outbreak.

Orange County’s multifamily housing market cooled in the first quarter heading into the COVID-19 shutdown.

Los Angeles County’s multifamily market showed signs of softening leading up to the COVID-19 shutdown. After 10 years of growth, the average asking rent dipped 0.5% from the prior quarter to $1,911/Unit, up 1% compared to Q1 2019.

The Inland Empire’s multifamily market remained at the peak in Q1 2020 prior to the COVID-19 shutdown.