Newmark：2025年第二季度洛杉矶工业市场报告（英文版）

Leasing volume gradually declined through the first half of 2025, following a modest recovery in 2024. High rents, a tepid consumer spending outlook, and economic uncertainty driven by tariffs have hindered a robust leasing rebound. The market recorded 1.2 MSF in net absorption losses this quarter following a wave of 100 KSF+ move-outs that were concentrated in South Bay. Tenant departures, coupled with unleased new construction deliveries, pushed vacancy to 4.3%. Available sublease space ros