Third Quarter 2026
Industrial Market Outlook
Ventura County
Advanced Structural Technologies Inc. acquired a 70,864-SF manufacturing facility on 6.33 acres from Duesenberg Investment Company for $16.5 million, or approximately $232.85/SF.
By J.C. Casillas
Managing Director of Research and Public Relations at NAI Capital Commercial
Managing Director of Research and Public Relations at NAI Capital Commercial
LEASING TRENDS
Leasing volume fell 11.1% QoQ and 29.3% YoY, while under construction space dipped 2.4% QoQ but remained up 764.2% YoY, signaling a substantial supply overhang still working through the pipeline. Asking rent slipped 0.93% QoQ and 3.64% YoY, softening amid weaker leasing demand and elevated construction levels.
SALES TRENDS
Sales volume fell 8.3% QoQ and 10.2% YoY, while average sale price per square foot declined 6.9% QoQ and 10.7% YoY, reflecting broad-based softening in both transaction activity and pricing.
