• After 3 straight quarters of negative net absorption, the Tri-Valley market broke that streak and incurred 47,811 SF of positive net absorption in Q3 2020.
  • The vacancy and availability rate stayed stable with no change quarter-over-quarter.
  • The Tri-Valley industrial pipeline had no new deliveries this quarter but expect to have multiple new projects deliver in the near term.
  • Q3 2020 had a balance of renewals and new short term leases throughout the Tri-Valley submarkets.