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Orange County Industrial Market Outlook 4Q 2017

01/30/2018
Published By: NAI Capital Research

The Orange County industrial market ended 2017 with record high rentsand low vacancy. Asking rents averaged $0.84/SF, up 2.4% from the prior quarter and up 12.0% from last year. Vacancy hit one of the lowest rates on record, ending the quarter at 2.5%. Lack of land for development continues to limit construction.

The Orange County industrial market will remain extremely tight in 2018 as demand continues to outpace supply.

Release Date01/30/2018 - 01:14

Source

NAI Capital

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