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Ventura County Retail Market Outlook 2Q 2017

09/06/2017
Published By: NAI Capital Research

MARKET OVERVIEW
Ventura County’s retail market remained steady overall, seeing a decline in the vacancy rate as the average asking rent held steady over the quarter. This quarter, the vacancy rate was 4.2%, falling 20 basis points from the prior quarter and 30 basis points from this time in 2016. The average asking rent increased 3.9% over the year from $1.78/SF to $1.85/SF with room to grow as it remains 12.7% below the peak in 2008.

Release Date09/06/2017 - 11:46

Source

NAI Capital

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