Sacramento’s Industrial Leasing Activity Edges Toward Near-Decade Low

Industrial leasing activity across the Sacramento region has settled at 6.1 million square feet year to date, just ahead of the low point of the past decade set in 2019. At that time, construction of new industrial space was limited and available inventory was tired, with low clear heights and a lack of loading causing large tenants to look in nearby California markets like Stockton and Modesto.