Orange County Industrial and Warehouse Rental Market
Orange County, CA is one of the most competitive Industrial space markets in the nation showing an all-time low vacancy rate of 2.16%. The OC industrial market has been reported to have a low vacancy since 2004. Due to the slim inventory of Industrial space in Orange County, rental rates have been increasing over time and has continued to be known as a “Landlord’s Market”. This means landlords can demand higher rents and be more selective on who to rent space to. The average industrial rental rate is $0.89 psf. Popular areas to lease industrial space are Irvine, Santa Ana, Anaheim, Orange, Fullerton, and Huntington Beach. One of the more affordable markets in Orange County are cities located in North County.