Tag Archives: commerce

Central Los Angeles Industrial Market Boundaries

The Central Los Angeles industrial real estate market encompasses approximately 300 million square feet of building area.  This market includes the well-known submarkets: City of Vernon, City of Commerce, and Downtown Los Angeles.  It should be noted that the following areas on the periphery to Downtown are also included in the Central LA market: Lincoln Heights, Glassell Park, City Terrace, East L.A., Boyle Heights, South Industrial, and the Goodyear Tract.  In the Central LA submarket buyer and tenant demand remains strong compared to outlying markets.  In fact, the Central submarket remains the tightest metropolitan industrial market in the nation.  This submarket is an infill market and very little new construction occurs on empty industrial land (with almost no construction on other types of commercial real estate such as retail and office).  The Central LA market is also the largest industrial real estate submarket in Los Angeles County.