27Oct

The 3rd quarter Industrial Real Estate Market report for Orange County.

The demand for industrial space from tenants in the third quarter showed a continuous decline, with the Orange County Industrial Market experiencing a negative net absorption of 848,736 square feet. This negative absorption is the most significant since the first quarter of 2019. Furthermore, it marks the third consecutive quarter of contraction, resulting in a total negative absorption of 1.8 million square feet for the year. Countywide, the vacancy rate increased by 40 basis points, reaching 3%, the highest it has been in the past 10 quarters. 

Despite these challenging trends, the average rent for industrial spaces has seen an 11% year-over-year increase. However, Lee & Associates' agents have observed a growing trend of landlords offering concessions on new lease agreements and lease renewals. This shift in landlord behavior suggests that they are becoming more attuned to the weakening demand in the market. 

While it may appear that leasing activity is on the decline, the industrial real estate market remains active. There is a notable presence of prospective buyer-users who remain undeterred by the rising interest rates. This indicates that even with the challenges posed by increased vacancies and negative net absorption, there is still considerable interest and activity in the market from those looking to purchase and utilize industrial spaces, especially in Orange County.

28Sep

The former Bank of America building at 208 Main St, Seal Beach, CA is on the market for sale.

Prime Commercial Property For Sale

• High Traffic Location on Main Street, Seal Beach

• Prior Bank - Ideal for Retail & Various Uses


Property Highlights

• 208 Main Street, Seal Beach, CA

• Double Wide Lot

• Highly Visible Building

• Heavy Foot Traffic

• Spacious Interior Layout


Building Features

• Large, Open Space

• High Ceilings

• Storage Area


Amenities - Unlock the Potential of this Thriving Area!

• Main Street Retail District

• Close to the Beach

• Multiple Dining Options Nearby

• Public Transportation

19Jul

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.

24Apr

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.

19Jan

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.

03Nov

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.

28Jul

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.

21Apr

Sale prices and lease rates continue to hit record highs as low inventories drive the Orange County Commercial Real Estate market up in Industrial.

25Jan

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. 

20Oct

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.

19Jul

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.

20May

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.