Published: May 2026 | By Available Warehouses — Ron Kassan & Art Minassian If you signed a five-year industrial lease in the San Fernando Valley in 2020 or 2021, you locked in during the tightest market in a generation. Rents have since corrected — asking rates in the SFV are down roughly 8% year-over-year and as much as 30% from their 2022–2023 peak. But your lease was written at the bottom...
A 10,000 SF warehouse lease in the San Fernando Valley typically carries about $200,000 a year in occupancy cost — roughly a million dollars over a five-year term — across a 40-70 page lease document with dozens of negotiable terms. That's a meaningful enough decision that it's worth understanding how industrial real estate representation actually works before you start touring buildings. Three...