Report: OC Industrial Sector Continues to Shine

Connect CRE   |   Mark Nieto

Posted In — News & Press | In the News

Orange County direct vacancy rates for industrial properties in the 4th quarter remained at a paltry 1.1%, as e-commerce operators demanded facilities near Los Angeles County ports and prospective workers, according to a new report from Kidder Mathews. Reflecting that demand, the average lease rate of $1.58-per-square-foot climbed 32% year-over-year.

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