See How Industrial Real Estate Performed in 2020 | CompStak

Here is how industrial data is performing in LA, Dallas, NJ, Las Vegas, and Chicago on CompStak

Everybody says industrial is doing great - is that really the case? Despite this common theme in commercial real estate news, industrial is not COVID proof.

At CompStak, we've found that industrial starting rents has actually decreased in both gateway and non-gateway markets. The price decrease may not be as steep as that in the office sector, but we've noticed industrial rents are going down. Of course, that applies to data cumulative across the country — how are individual markets performing?

Let’s take a look at the top five markets where CompStak's industrial data is particularly robust:

Here are all the five markets side-by-side:

Let’s take a look at them one by one.

Industrial asset class in LA

All industrial comps available on CompStak for LA (as of 1/15/2021):

Where is the opportunity?

Here're industrial leases in LA that expire in the next three years:

Industrial asset class in Dallas:

All industrial comps available on CompStak for Dallas (as of 1/15/2021):

Where is the opportunity?

Here's a snapshot of all industrial expiring leases in Dallas:

Industrial asset class in New Jersey:

All industrial comps available on CompStak for New Jersey (as of 1/15/2021):

Where is the opportunity?

Here's a snapshot of all industrial expiring leases in New Jersey:

Industrial asset class in Las Vegas

Where is the opportunity?

Here's a snapshot of all industrial expiring leases in Las Vegas:

Industrial asset class in Chicago

All industrial comps available on CompStak for Las Vegas (as of 1/15/2021):

Where is the opportunity?

Here's a snapshot of all industrial expiring leases in Chicago: