The Greater Los Angeles industrial market is positioned to remain a top contender in 2022. Prices have increased approximately 40 percent in the Los Angeles metro as industrial demand persists and supply dwindles. As a result, the metro has one of the lowest vacancy rates nationally, and rental rates are pushing new highs. Over two billion worth of industrial square footage is located in Los Angeles, and there is more in the pipeline for the next 12 months, despite limited available land. E-commerce users are driving the majority of demand, especially for last-mile facilities. Overall, Los Angeles industrial is robust and is positioned for continued growth and success.