Figures

South Central Valley Industrial Figures Q3 2026

October 12, 2026 5 Minute Read

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  • The South Central Valley industrial market closed Q3 2026 with positive net absorption of 280,606 sq. ft., a decrease from the previous quarter's positive 1.9 million sq. ft., though still the second consecutive quarter of positive net absorption.

  • Average asking rates decreased by $0.02 to $0.66 per sq. ft. on a monthly triple-net (NNN) basis from Q2 2026.

  • Amazon’s 1.1 million sq. ft. owner-user acquisition in Shafter led capital markets activity, along with two notable sales in Fresno.

  • Renewals made up most of the leasing activity. The largest renewal was done by Sunrun for 300,560 sq ft. in Visalia.

  • There were a total of 19 tenants in the market totaling 5.8 million sq. ft. of activity.