Posts Tagged ‘Quarterly Report’

The OC Airport market experienced a reduction in activity in the 3rd quarter which raised the vacancy factor to 6.5%. Building owners lowered asking rents for available space by approximately 10% from recent peaks due to the softer demand. Asking sale prices per square foot and cap rates remained relatively flat year over year and…

Orange County’s industrial leasing market continued its gradual shift this quarter, with vacancy rates rising to 6.5%, up from 6.1% last quarter and 4.3% year-over-year. While tenant demand remains active, the increase in availability is creating more optionality for users who previously struggled to find space. Leases are still getting done, but marketing periods have…

Orange County industrial leasing vacancy rates rose to 6.1%, up from 4.1% a year ago, providing a bit more opportunity for tenants who had previously faced limited options. Time on market has increased and decision-making time is extending. That said, we are still closing leases, especially for properties that are well-located and well-priced. On the…

The Orange County industrial real estate market ended 2024 on a steady note, with sale prices and lease rates remaining relatively flat following previous years of rapid growth. Decision-making slowed as property owners and businesses adopted a “wait-and-see” approach, influenced by shifting macroeconomic conditions, the anticipation of the presidential election results, and a gap between…