05/04/2020
📊😮 [How is LA’s commercial real estate market doing? 📍Save this post for reference]
Here’s a snapshot overview of the industrial sector of commercial for quarter 1 and 2 for 2020 according to .
When you want to look at commercial real estate, there’s really a few main sectors:
📍Industrial - warehouses
📍Multifamily - Apartment
📍Office
📍Retail - Shopping malls, Shopping strips
I’m providing everyone with the Industrial market rates as of the end of this quarter.
☝🏻What you should keep in mind when investing in real estate are these 4 main points on the second picture of my post. If you know these 4 below, you can at least judge whether a building is going to be profitable, worth the price, etc.
🌟Here are the 4 items to know below (also go to page 2 to see the rates for each item)
✨Sales Price PER SQUARE FEET
✨CAPitilization RATE 🧢
✨Rent Per Square Feet
✨Vacancy Rate
I’ll do an update in other sectors of the industry every week but if you are really interested in a specific sector, leave a comment below with which sector you want to see👇🏻 @ City of Industry, California