OC industrial rents reach market peak

0 CommentsBy

Orange County chart of the week10-24-16_cow_cropped

  • The direct average asking rent in Orange County has increased 43.4 percent since the end of 2010 and 12.7 percent in 2016.
  • In Q3 2016, vacancy set a record low as demand for industrial space remains strong. Since the start of 2012, the market has recorded positive net absorption of 9.9 million square feet.
  • Landlords are leveraging the high demand and low availability to raise rents as tenants compete over the limited number of space options.

Source: JLL Research

To view full version, click here

Visit our Orange County Research Group page for additional market insight: Orange County – Research

Tweet this: #OC industrial rents reach market peaks #JLL #COW bit.ly/2dMarqz @JLL_OC

Leave a Reply

Your email address will not be published. Required fields are marked *