Digsy Expert, Allen Buchanan, shares the current average pricing & vacancy rates of industrial warehouse commercial real estate space for lease and sale in Orange County, CA.
Allen provides great advice to business owners & entrepreneurs on how to successfully find industrial & warehouse space for lease and sale, given the competitive state of the market.
Highlights:
- Industrial warehouse space vacancy is only 3% (only 3 out of 100 buildings are available for lease)
- Asking lease prices for industrial warehouse space are up
- Industrial warehouse building sale prices have increased 50%
- Rental concessions, such as, free rent and tenant improvements are down
- Landlords are choosier with tenants today, so you gotta put your best foot forward
About Allen Buchanan: Allen is a top Digsy Expert specializing in helping business owners find industrial commercial real estate space to rent or buy. Allen has been a commercial real estate broker since 1982 and is a Principal at Lee & Associates in Orange County, CA.
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