Starburst

Weekly Market Trends

September 30, 2022

Temecula
Retail

INVENTORY
SF

8.5 M +0.6%

UNDER CONSTRUCTION SF

61.7 K -88.2%

12 MO NET ABSORPTION SF

173 K +25.2%

VACANCY
RATE

4.9 % -1.9%

MARKET RENT/SF ANNUALLY

$ 28.97 +5.3

MARKET SALE PRICE/SF

$ 319 +7.1%

MARKET
CAP RATE

5.7 % -0.1%
Office
3.4 M +0%
0 K -
21.8 K +160.6%
5.7 % -1.6%
$ 23.7 +3.0%
$ 216 +5.4%
7.3 % -0.1%
Industrial
11.2 M +0.2%
136 K +40.2
247 K -311.3%
2.4 % +4.8%
$ 13.29 +15.3%
$ 206 +20.2%
4.5 % -0.1%
Murrieta
Retail

INVENTORY
SF

5.7 M +3.1%

UNDER CONSTRUCTION SF

17.1 K +10.1%

12 MO NET ABSORPTION SF

68.1 K +321.4%

VACANCY
RATE

6.2 % -2.1%

MARKET RENT/SF ANNUALLY

$ 25.9 +4.7%

MARKET SALE PRICE/SF

$ 305 +6.2%

MARKET
CAP RATE

5.8 % -0.1%
Office
2 M +1.0%
20.8 K -100%
92.3 K -101.9%
4.8 % +1.1%
$ 26.89 +3.1%
$ 257 +4.8%
7.1 % -0.1%
Industrial
5.3 M +2.0%
106 K +147.3%
483 K -80.5%
0.9 % +0.3%
$ 14.78 +13.0%
$ 268 +21.6%
4.4 % -0.1%
Southwest Riverside County
Retail

INVENTORY
SF

31.5 M +1.5%

UNDER CONSTRUCTION SF

475 M -43.9%

12 MO NET ABSORPTION SF

571 M +26.7%

VACANCY
RATE

5.9 % -0.9%

MARKET RENT/SF ANNUALLY

$ 24.56 +5.7%

MARKET SALE PRICE/SF

$ 275 +7.6%

MARKET
CAP RATE

6.1 % -0.1%
Office
8.6 M +0.5%
42.2 M -100%
161 K +56.3%
4.4 % -0.3%
$ 23.65 +3.3%
$ 224 +5.1%
7.2 % -0.1%
Industrial
58 M +4.2%
4.3 M +68.7%
1.5 M +72.6%
4.8 % -0.6%
$ 10.92 +16.9%
$ 187 +27.1%
4.2 % -0.2%

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

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