North L.A. County areas enjoying low vacancy rates, active building. (Los Angeles County, California) (Real Estate) From: Los Angeles Business Journal | Date: April 25, 1994| Author: | COPYRIGHT 1994 CBJ, L.P. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

While many L.A. County commercial real estate markets remain squishy, the northern reaches of L.A. County - the Santa Clarita and Antelope valleys - are enjoying low commercial vacancy rates and robust construction activity.

The Santa Clarita Valley's office vacancy rate had improved to 5.6 percent by the end of the first quarter of 1994, down dramatically from its 9.7-percent level a year ago, reported commercial brokerage firm Grubb & Ellis Co.

Retail vacancies at the northern valley's shopping centers with at least 25,000 square feet of space, while rising slightly ...

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