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2021 Q3 Orange County Industrial Research Report

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Orange County Continues to Set New Records

The Orange County industrial market closed out the first quarter with 774,915 SF of positive net absorption, as average asking rents increased by $0.13 to $1.24 NNN PSF per month. With gross activity totaling 3.3M SF, the region continued to show strong market fundamentals as vacancy throughout Southern California remains at a historic low. Construction activity picked up with 1.9M SF currently underway and several other projects in the pipeline breaking ground next quarter.

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2021 Q3 Orange County Industrial Research Report

Download Report