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Industrial rents take a dive in Southern California

Downturn resulting from nation-leading occupancy loss

Dominguez Technology Center, an almost 340,000-square-foot building at 1650 E. Glenn Curtiss St. in Carson, California, was leased by KW International after its asking rent was reduced. (CoStar)
Dominguez Technology Center, an almost 340,000-square-foot building at 1650 E. Glenn Curtiss St. in Carson, California, was leased by KW International after its asking rent was reduced. (CoStar)

By Jesse Gundersheim
CoStar Analytics

September 11, 2024 | 6:06 P.M.

Rents are falling in the nation's most expensive industrial markets, including Southern California.

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