Commerce Industrial Space & Properties for Rent
Commerce is a city located in the southeast Los Angeles County in California with cities close to Montebello, Monterey Park, Downey, and Pico Rivera. This city has a total of 44.9 million square feet of existing inventory with over 1.5 million square feet available for lease. The demand for industrial space in Los Angeles continues to grow with third-party logistics providers, national retailers and apparel companies continue to look for industrial space in Los Angeles. The vacancy rate in Los Angeles County has increased to 2.31% for the first quarter of the year. Meanwhile, Commerce has a vacancy rate of 1.20%. Rental rates for industrial spaces has increased at the start of the year. Commerce has an average rental rate of $0.83 per square feet.