Market Analysis
Santa Fe Springs/La Mirada Industrial Submarket Trends
Price Per SF Trend (Last 18 Months)
Market Insights
Supply Constraints
The Santa Fe Springs/La Mirada submarket remains one of the tightest industrial markets in the nation, with vacancy rates hovering near historic lows. Limited land for new development continues to put upward pressure on pricing for existing assets.
Demand Drivers
Last-mile logistics and manufacturing users are the primary drivers of demand. The subject property's size range (30k-40k SF) is particularly liquid, appealing to both owner-users and private investors.
Interest Rate Impact
While higher interest rates have moderated transaction volume compared to 2021-2022 peaks, cash buyers and owner-users utilizing SBA financing continue to support values in the $340-$370 PSF range for quality assets.