Warehouse rent in California
California warehouse rent: 10 metros, $8.36 to $19.95 per square foot. Cushman & Wakefield Q1 2026 industrial asking rents.
Q1 2026 metros
The Cushman & Wakefield United States Industrial Marketbeat for Q1 2026 (preliminary) lists 10 metros in California. It does not publish a statewide asking rent, and the table repeats each metro figure on its own. The lowest overall asking rent among these 10 metros is $8.36 per square foot in Central Valley, CA. The highest is $19.95 per square foot in San Jose (Silicon Valley), CA. The national overall asking rent in that report is $10.20 per square foot, which is not a California rate. Vacancy in the table is each metro overall vacancy from the same report.
| Metro | Overall asking rent (NNN, $/sf/yr) | Vacancy |
|---|---|---|
| Central Valley, CA | $8.36 | 9.6% |
| Inland Empire CA | $12.29 | 8.5% |
| Los Angeles, CA | $15.89 | 4.6% |
| Oakland/East Bay, CA | $14.93 | 8.3% |
| Orange County, CA | $18.24 | 5.1% |
| Sacramento, CA | $9.53 | 7.0% |
| San Diego, CA | $17.59 | 7.3% |
| San Francisco North Bay, CA | $15.03 | 5.8% |
| San Francisco Peninsula, CA | $19.72 | 4.7% |
| San Jose (Silicon Valley), CA | $19.95 | 6.7% |
Source / as of: Cushman & Wakefield, United States Industrial Marketbeat, Q1 2026 (preliminary). Overall weighted asking rent, NNN, all property types.