Vacancy Rate Remains Under 1%
The first quarter of the year brought the beginning of positive change for the industrial market.  However, a recent survey showed no significant new activity during the second quarter. The vacancy rate remains unchanged from the first quarter of the year.

Infrastructure for the Freedom Industrial Park continues to move forward with ground breaking on the first buildings anticipated by the end of the year.

Work is nearly complete on the new sheriffs office located in the Airport Industrial Park.Personnel are expected to move in by the end of July.

High-Speed Rail construction officially began on a 1,600-foot viaduct over the Fresno River. The work is part of the first construction segment in the state.

Economic indicators remain positive. According to a June report in The Business Journal, Madera County has a 9.5 percent unemployment rate for June, down from 9.7 percent in May and below 10.4 percent in June 2014.

Another recent report produced by Fresno States Craig School of Business shows healthy economic growth in the counties of Fresno, Madera, Kings and Tulare. The report also notes that manufacturers are adding jobs. The report can be accessed at the following link. (Click Here)

Information about available properties and money-saving incentives in Madera County can be found on 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
6,945,394 66,894 0 66,894 .096% $0.65 $0.30 $0.43

Click here for the press release

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


 

 

 

 

 

 

 

 

 

 

Top 3 Reasons To Choose Madera County

  • Low cost of living means your business can grow and flourish.
  • Madera County is located in the center of California so reaching major cities is an easy 3-hour drive.
  • Madera County is focused on business attraction & retention so expect a streamlineD permitting process.

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