Blog #Seal Beach

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.

Continued low vacancy rates drove higher lease rates in the 4th quarter of 2022 despite the economy slowing in other areas.

The Orange County Industrial Market continues to post record sale prices and lease rates due to continued strong demand.

Low inventory levels in the Orange County Industrial real estate market and high demand leads to continued increases in lease rates and sale prices.

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. 

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 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 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.

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.