October 2018
Industrial sales are leading Los Angeles investment activity for the year. Overall, investment activity has been strong this year, but industrial activity has reached record highs this year. Bernard Huberman of BLT Enterprises expects the industrial investment activity to remain strong through 2019 as vacancy rates are at record lows and the ports are recording record levels of cargo volumes. Additionally, ecommerce sales are anticipated to reach more than $700 billion by 2022, all of which are helping to fuel industrial investment in Los Angeles.
