The spread between Inland Empire and Orange County industrial rents has narrowed to just $0.10.

San Diego leads the nation in year-over-year net lease investment volume gains, despite the limited industrial opportunities.

Demand for real estate investments remains high, with multiple sources of active capital, but cross-border investment is likely to slow in the short term and the scope will depend on how the disease evolves.

"This asset class is becoming a safe haven for domestic and foreign capital and the market should remain strong."