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Chris Muoio Chris Muoio is the senior quantitative strategist at Ten-X.

Los Angeles is the top buy-market in the US for industrial investment, according to Ten-X Commercial. While Los Angeles nabbed the top spot on the list, the other four top-buy cities were all located in California: San Jose, Oakland, San Francisco, San Diego. Los Angeles had a 12.7% increase in industrial rental rates last year and the report predicts rates will rise another 6% this year—all thanks to a low 2.4% overall vacancy rate, which falls to sub 1% in some L.A. submarkets. All of this is fueling investment activity and interest in the market, and makes it a top spot for investors. We sat down for an interview with Chris Muoio, senior quantitative strategist at Ten-X, to talk about the rating and find out more about the industrial market in L.A.

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

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