Share This Post:

Madera County Industrial Market Statistical Report-4Q 2018

Low Vacancy Rates Continue for  2019

According to Bobby Kahn, executive director for the Madera County Economic Development Commission, the overall economic outlook for Madera County looks positive going into 2019. Low vacancy rates in the industrial market continue to be a concern that new businesses may overlook Madera due to lack of existing space. However, a 37,000 square foot spec building is currently under construction in the Freedom Industrial Park and two other existing spaces have become available for lease. Approximately 10,000 square feet of space is available for lease in a nearly new class A warehouse in the Brickyard Industrial Park near Valley Children’s Hospital. In the Airport Industrial park 11,096 square feet of office/warehouse space is also available for lease.

Residential development continues to boom along the Highway 41 corridor. Riverstone has reportedly been selling approximately 35-40 homes per month and is clearing land for their first commercial retail development. Tesoro Viejo completed construction on Hillside Elementary school, which opened in August of 2018, well ahead of delivering their first completed residences. Homes are expected to be ready to move in later this year. Additional commercial and residential developments in the planning stages include Gunner Ranch, near Valley Children’s Hospital, and North Shore at Millerton Lake, which is expected to break ground by year-end.

For more information on available properties and current development incentives, go to the Madera Economic Development Commission website at www.maderacountyedc.com

Inventory
SF
Direct
Available
Sublease
Available
Total
Available
Vacancy
Rate
Asking Rent
High
Asking Rent
Low
Avg. Asking
Rental Rate
7,230,554 26,216 0 26,216 0.36% $0.57 $0.57 $0.57

Click here for the press release

Share This Post:
Recent Posts

For Immediate ReleaseContact: Bobby Kahn, Interim Executive DirectorMadera County Economic Development Commission (MCEDC)bkahn@maderacountyedc.com559-675-7768 Madera County EDC Announces Interim Executive Director

Lean Solar (Nemat, Inc.) has recently collaborated with Hodges Electric and Intertie to address power challenges faced during their client’s

June 14th, 2024 marked a significant celebration of various milestones for a prominent employer in Madera, CA EVAPCO, Inc: About

Available Properties
For Sale- Food Grade, Industrial Building, Madera
For Sale Special Purpose Property- 2,279 SF
For Lease- 10,000 sq. ft. Industrial Space, Madera CA

Ready to Do Business in Madera County?

Let us guide you as you explore Madera County in search of a new location.

Do Business Here
Property Interest
Connect With Us