Large industrial blocks diminishing in Orange County

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Orange County chart of the week

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  • Orange County has the second lowest vacancy in the country, behind only Los Angeles, and is well below the U.S. vacancy rate of 5.8 percent.
  • Occupiers with requirements greater than 100,000 square feet have seen the number of space options decline for six consecutive years. Availabilities are even lower when looking for Class A space.
  • New construction will help to increase occupier activity as competition for high caliber space continues to be strong.

Source: JLL Research

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

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