Starburst

Weekly Market Trends

November 18, 2022

Temecula
Retail

INVENTORY
SF

8.5 M +0.6%

UNDER CONSTRUCTION SF

61.7 K -88.2%

12 MO NET ABSORPTION SF

179 K +16.9%

VACANCY
RATE

4.9 % -1.8%

MARKET RENT/SF ANNUALLY

$ 29.08 +6.8

MARKET SALE PRICE/SF

$ 327 +5.8%

MARKET
CAP RATE

5.6 % -0%
Office
3.4 M +0%
0 K -
20 K +112.8%
5.6 % -1.2%
$ 23.3 +3.8%
$ 216 +5.3%
7.3 % -0.1%
Industrial
11.2 M +0.8%
154 K +28.7
250 K -281.5%
2.4 % +4.4%
$ 13.58 +14.5%
$ 212 +19.7%
4.5 % -0.1%
Murrieta
Retail

INVENTORY
SF

5.7 M +3.1%

UNDER CONSTRUCTION SF

17.1 K +46.4%

12 MO NET ABSORPTION SF

75.2 K +136.9%

VACANCY
RATE

5.8 % -0.2%

MARKET RENT/SF ANNUALLY

$ 26.12 +6.4%

MARKET SALE PRICE/SF

$ 314 +5.5%

MARKET
CAP RATE

5.7 % -0%
Office
2 M +1.0%
20.8 K +178.8%
82.9 K -117.7%
5.2 % +1.6%
$ 26.58 +4.0%
$ 257 +4.5%
7.1 % -0.1%
Industrial
5.3 M +2.0%
163 K +61.1%
470 K -78.7%
0.9 % +0.1%
$ 15.08 +12.6%
$ 274 +21.4%
4.4 % -0.1%
Southwest Riverside County
Retail

INVENTORY
SF

31.7 M +1.2%

UNDER CONSTRUCTION SF

397 M -27.0%

12 MO NET ABSORPTION SF

654 M -16.3%

VACANCY
RATE

5.8 % -0.5%

MARKET RENT/SF ANNUALLY

$ 24.72 +6.6%

MARKET SALE PRICE/SF

$ 282 +6.8%

MARKET
CAP RATE

6 % -0.1%
Office
8.6 M +0.5%
42.2 M +37.4%
134 K -98.5%
4.5 % +0.5%
$ 23.41 +4.0%
$ 223 +4.9%
7.2 % -0%
Industrial
58.2 M +3.9%
4.8 M +65.4%
2.2 M -8.5%
3.6 % +0.2%
$ 11.18 +16.1%
$ 197 +25.1%
4.2 % -0.3%

41623 Margarita Road, Suite 100, Temecula, CA  92591  |  P: (951) 491-6300  |  F: (951) 491-6330

This website uses cookies and asks your personal data to enhance your browsing experience.