The Orange County Industrial real estate markets upward march persists as demand continues to outstrip supply.
The end of 2021 saw the most absorption in 17 years! Industrial real estate remains at extremely low inventory levels and record sale prices & lease rates continue to push the market higher. It remains a great time for sellers and landlords, meanwhile representation for tenants has never been more important.
The Industrial segment of the Los Angeles-Long Beach Commercial Real Estate Market continued to rocket up with large gains in lease rates and sale prices.
Already low vacancy rates shrunk to 1.1% as lease rates and sales prices continue their ascent. An unprecedented 20% growth in rent rates was experienced in Q2 of 2021 and average sale prices increase by 37%! Click the below link for the full report.
The Orange County Commercial Real Estate Market report for the Industrial Segment in the 2nd Quarter of 2021.
The Orange County Industrial Market continued its blistering pace with sale prices and lease rates continuing to climb. One of the larger deals included a sale price point above $400 Per Square Foot (PSF), Click Download File below for more.
The 1st Quarter of 2021 saw the continued lack of inventory in the Industrial Real Estate Market leading to the market to carry on with increasing in lease rates and sale prices.
The shortage of warehouse and industrial space available for lease and sale persisted in the 1st quarter of 2021. The continued rise of e-commerce has led to demand for industrial space to outstrip supply. Additionally, low interest rates have led to the average sale price to increase by... CLICK BELOW FOR FULL REPORT
