Class B is new ‘A’ in tight LA-LB warehousing market

Class B is new ‘A’ in tight LA-LB warehousing market

With industrial vacancy rates in Los Angeles-Long Beach close to 1 percent for the past two years, and rents increasing by 12 percent a year, e-commerce fulfillment, light assembly, and specialty retail importers in Southern California are paying record prices for Class B and C properties.