The Orange County Industrial Real Esate Market Report for the 2nd Quarter of 2023.
Some easing of demand in the 2nd quarter of 2023, see below for more.
The Orange County Industrial Real Esate Market Report for the 2nd Quarter of 2023.
Some easing of demand in the 2nd quarter of 2023, see below for more.
Despite easing of vacancy rates, the Orange County Industrial Real Estate Market remains at historic high levels for lease rates and sale prices.
The industrial real estate market in Orange County, CA is continuing to experience high demand with low vacancy rates. The region’s industrial market is primarily focused on manufacturing and distribution, with industries such as aerospace, defense, and technology driving the demand for space.
In Q1 of 2023, the average asking rent for industrial space in Orange County was around $1.64 per square foot, which is slightly higher than the Southern California average. Despite the higher rental rates, the market remains attractive, with limited availability and a high demand for industrial properties.
Overall, the industrial real estate market in Orange County, CA is currently strong, and is expected to continue to attract demand from a range of industries due to its strategic location, desirability and proximity to major transportation routes.
The Orange Country, CA Commercial Industrial Real Estate Report for the fourth quarter in 2022
Continued low vacancy rates drove higher lease rates in the 4th quarter of 2022 despite the economy slowing in other areas.
The Industrial Real Esate Market report for the Orange County Submarket in the 3rd quarter in 2022.
The Orange County Industrial Market continues to post record sale prices and lease rates due to continued strong demand.
The Q2 2022 report for the Orange Country Industrial Real Estate Market shows on going growing lease rates and sale prices.
Low inventory levels in the Orange County Industrial real estate market and high demand leads to continued increases in lease rates and sale prices.
Continued upward trends in sale prices and lease rates for commercial properties in the Southern California market.
$44.39 price per square foot increase in sale prices and $0.37 psf (monthly) increase in lease rates year over year Q1 2022. Click below for full report.
Sale prices and lease rates continue to hit record highs as low inventories drive the Orange County Commercial Real Estate market up in Industrial.
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.
AIR has partnered with NAIOP to alert the Commercial Real Estate Community about new proposed taxes and regulations for Southern California warehouses.
Click the link here to learn more and to take action before May 7th to oppose these new proposed taxes and regulations on Southern California warehouses by the South Coast Air Quality Management District (SCAQMD).