Industrial Market Remained Unchanged in the First Quarter – The North I-680 industrial market remained unchanged in the first quarter of 2014 with vacancy increasing 20 basis points to 8.0 percent. There was a total of 30,760 square feet of negative net absorption for the quarter. Total asking rents increased $0.01 per square foot (PSF) to $0.67 PSF. Martinez led the market in net absorption with 22,443 square feet, followed by Pacheco with 6,829 square feet. Concord gave back the most space with 62,434 square feet of negative net absorption.
2014 Q1 | Walnut Creek Industrial | Market Report