Measuring turnover: what motivates a move?
Annual turnover rates reflect homeowners and renters relocating and indicate the trend in fees generated from sales and leasing transactions.
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Tag: vacancy rates
SoCal’s commercial property market struggles to find tenants — Q2 2025
The bullish market following the 2020 recession reversed track in 2022 and has fully collapsed — now the commercial market is nowhere near finding a bottom in tenant demand and vacancies.
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The widening level of vacant commercial space available in SoCal — Q1 2025
SoCal’s commercial real estate market on entering 2025 is fully destabilized with industrial vacancy rates elevated across all SoCal markets and office vacancy rates even higher.
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SoCal commercial vacancy rates moving on up in Q4 2024
Commercial vacancy rates rose after 2023 and continue to rise in Southern California. While increasing vacancies cut into rental income and leasing fees, the absorption rate is worsening and shifting the source of leasing fees. Regions with the highest vacancy rates see the most occupancy of vacant space.
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SoCal commercial property struggles linger on in Q3 2024
In each quarter in 2024, all SoCal markets experienced increasing vacancies.
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SoCal commercial vacancy rates continue to rise in Q2 2023
Southern California’s commercial market softened even further in the second quarter of 2023.
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SoCal’s commercial market further softened in Q1 2023
SoCal’s commercial market faced tough headwinds in the first quarter of 2023.
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Industrial real estate set to normalize
Following the pandemic-era distortions that sent demand for industrial space into a boom-time frenzy, industrial real estate transactions adjusted to a recession fever in 2022.
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SoCal’s industrial leasing performance peaked in 2022, now trending downward
SoCal’s industrial leasing performance is in for the third quarter.
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