New Developments in Southern California’s Real Estate Markets

Southern California's real estate markets saw a variety of changes in the third quarter of October 2023, with varying vacancy rates and property acquisitions. Conejo Valley had a stable market, Equity Union made a notable acquisition in Westlake Village, and Santa Clarita Valley experienced an increase in vacancy rate. Antelope Valley saw an increase in office vacancy rate and significant activity in the industrial sector, while San Fernando Valley faced a slight increase in its office vacancy rate but also saw several developments.