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Justin McCarthy

Cannabis Industry Comes to Find Real Estate Tight in Southern California


If you're thinking there's plenty of warehouses to go around, you may be right — unless you're planning to set up shop in Los Angeles or Orange counties. Demand for industrial space in these areas nearly outpaces supply, and for cannabis-related tenants, finding a “for rent” sign is just the first hurdle in the bid to walk away with signed leases in hand.

There is more than 1 billion square feet, or more than 92.9 million square meters, of warehouses, distribution centers, and other industrial building types in the Los Angeles area, and most of that space is already occupied... READ MORE

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