Entries by Dave Peterson

Lack of industrial inventory starting to have an impact on rents in Sonoma County.

Rents for industrial/warehouse buildings have increased to $.85-$.90/sf gross on a number of properties in Santa Rosa. This is 15%-20% increase from leases that were done 12-18 months ago. Currently, there are over 750,000sf of industrial requirements circling build-to-suit opportunities due to the lack of inventory of properties 20,000sf and above. Most of those building […]