Of $25.7 billion in distressed assets, the Western U.S. takes $10 billion.  However, the good news is that of all commercial property types in the U.S., Industrial has the lowest distressed amount of $700 million out of $25.7 billion, compared the higher amounts of Office, Retail, Apartment (multi-family), Hotel, and Development.  Industrial includes warehouse and manufacturing buildings.  According to Real Capital Analytics Troubled Asset Radar.

Some of the owners  of the distressed or potentially distressed properties are taking preventative measures and seeking bridge loans prior to their primary loans expire.  Many bridge loan terms max out at 18 months and have interest rates from 10-18%.