JLL’s Zach Niles speaks with Biznow about the state of OC’s industrial market

0 CommentsBy

1-27-16_Zach Niles JLL Senior Vice President Zach Niles was recently featured in Biznow’s article “Competition Heats Up For OC Industrial.” Niles dives into the current state of the local industrial market concluding that with a 2.7% vacancy rate, OC is one of the tightest markets in the nation. He adds that “market-wide average rents are well on their way toward the historical peak reached in 2008, and in certain cases, rental rates for Class A properties have already exceeded peak pricing.” The article goes on to dive into what JLL research foresees for 2016 and the type of product that will continue to drive demand.

To learn more about OC’s industrial market, read the article here

Tweet this: Competition Heats Up For #OC #Industrial @Biznow @JLL