The Valley’s three major property types are moving at different speeds.
Office vacancy remains near its five-year high, while industrial and retail availability both reached ten-year highs. The result is a market that increasingly rewards property-level discipline over broad assumptions.
Explore each sector for quarterly history, current momentum and practical implications. Office is reported as total vacancy; industrial and retail as direct availability.
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Hover over or tap the chart to inspect a quarter. Historical actuals only.
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Availability varies materially by submarket.
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Properties by vacancy range
*Includes Class A, B and C San Fernando Valley office properties of 25,000 SF or more, as of August 2026.
The larger-property set records a 26.0% direct vacancy rate, representing 8.4 million square feet across 348 office properties.
Vacancy is concentrated: 142 properties report direct vacancy above 20%. Tenants seeking larger buildings or blocks have meaningful choice, while owners face heightened competition.
Direct vacant space divided by total rentable building area across the supplied property set. The result is weighted by property size.