Weekly Market Trends
May 13, 2022
Temecula
Retail
INVENTORY
SF
8.5
M +0%
UNDER CONSTRUCTION SF
57.9
K +0.0%
12 MO NET ABSORPTION SF
-77.1
K +498.5%
VACANCY
RATE
7.2
% -3.6%
MARKET RENT/SF ANNUALLY
$
28.31
+5.0%
MARKET SALE PRICE/SF
$
305
+8.3%
MARKET
CAP RATE
5.8
% -0.1%
Office
3.5
M +0%
0
K -
-30.3
K +288.0%
6.6
% -1.6%
$
23.52
+2.5%
$
205
+6.8%
7.4
% -0.1%
Industrial
11.2
M +0%
0
K -
53.1
K -542.3%
3.9
% +2.1%
$
12.49
+13.3%
$
181
+20.9%
4.8
% -0.2%
Murrieta
Retail
INVENTORY
SF
5.7
M +0.6%
UNDER CONSTRUCTION SF
28.3
K +445.6%
12 MO NET ABSORPTION SF
124
K -12.0%
VACANCY
RATE
6
% -1.3%
MARKET RENT/SF ANNUALLY
$
25.21
+6.8%
MARKET SALE PRICE/SF
$
297
+8.2%
MARKET
CAP RATE
5.8
% -0.1%
Office
2
M +1.0%
20.8
K -100%
26.4
K +6.3%
6.4
% -0.5%
$
26.81
+2.3%
$
245
+8.0%
7.2
% -0.2%
Industrial
4.9
M +9.5%
409
K -73.6%
72.3
K +454.4%
2
% +1.0%
$
14.02
+11.9%
$
243
+20.3%
4.6
% -0.1%
Southwest Riverside County
Retail
INVENTORY
SF
56
M +6.9%
UNDER CONSTRUCTION SF
5
M -6.2%
12 MO NET ABSORPTION SF
3.2
M +25.3%
VACANCY
RATE
4.2
% -0.5%
MARKET RENT/SF ANNUALLY
$
10.07
+15.0%
MARKET SALE PRICE/SF
$
170
+25.7%
MARKET
CAP RATE
4.4
% -0.3%
Office
8.8
M +0.5%
39.3
M -100%
23.3
K +373.3%
5.3
% -0.8%
$
23.54
+2.8%
$
216
+6.9%
7.3
% -0.2%
Industrial
1.4
M +1.3%
17.7
M -100.0%
14.1
M -21.2%
13.1
% +0.4%
$
24.01
+7.8%
$
264
+7.7%
5.8
% -0.1%
