The Orange County Industrial real estate markets upward march persists as demand continues to outstrip supply.
The end of 2021 saw the most absorption in 17 years! Industrial real estate remains at extremely low inventory levels and record sale prices & lease rates continue to push the market higher. It remains a great time for sellers and landlords, meanwhile representation for tenants has never been more important.
The third quarter led to the most 3 month net absorption in 17 years.
Over 1.8M SF of space was leased by Industrial Users in the 3rd Quarter of 2021, a record for a 3-month period in the last 17 years. Vacancy rates prolonged their downward trend as demand continues to outstrip supply. E-Commerce continued to lead the charge as many Industrial segments persist in experiencing pandemic related growth. Click below for full report.
The Orange County Commercial Real Estate Market report for the Industrial Segment in the 2nd Quarter of 2021.
The Orange County Industrial Market continued its blistering pace with sale prices and lease rates continuing to climb. One of the larger deals included a sale price point above $400 Per Square Foot (PSF), Click Download File below for more.
The Orange County Industrial Real Estate Market Report for the 1st Quarter of 2021 showed continued gains in rents and sales prices.
The 1st Quarter of 2021 showed continued strength in the Industrial segment of Orange County Commercial Real Estate. As the report shows, low inventory and strong demand led to another quarter of new highs in sale prices and lease rates. Click here for full report.
Industrial Real Estate was strong once again in the 4th Quarter of 2020 in Orange County.
Orange County posted the most annual tenant growth in five years as Industrial Real Estate continues to thrive despite the economic challenges of COVID. Ecommerce continues to be a big driver, click below for full report.
The Orange County Industrial Real Estate Market bounced back in Q3 from the pandemic lows of the 2nd Quarter.
With the effects of the pandemic easing, activity bounced back in the 3rd quarter of 2020. It remains a sellers market with the demand for purchasing industrial and warehouse space at all time high levels due in part to e commerce growth and low interest rates. Leasing and rent growth continue to on an upward trend, albeit at lower growth levels than the past few years. Click here for more information.
The approximate 44,017 SF Orange County Industrial property sold in September 2020 according to public record.
5340 Argosy Ave in Huntington Beach, California traded for $8.71 million or $197.88 PSF according to public record. Details are forthcoming, for more information or to find out what your Huntington Beach Industrial property might sell or lease for contact Ron Mgrublian.