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Check out the latest Orange County market updates

Growth-Minded Companies Feel Inventory Squeeze

Orange County’s industrial vacancy rate fell to 3.95% at the end of the third quarter – its lowest since late 2007. Quality buildings available for lease are becoming ever scarcer as regional and national economies improve, which puts upward pressure on lease rates. Mindful that property values have yet to fully recover from the recession,…

The Lee Industrial Brief – National Economic Overview

The current state of the industrial property market in the US is positive overall. Gross and Net Absorption have been trending up for more than two years in primary and secondary markets across the country. Vacancy has decreased accordingly, falling to 7.8% by the end of the 2nd Quarter of 2014, compared to 9.4% in…

Do Real Estate Principals Ever Really Retire?

By Stephen J. Duffy, Managing Director, Moss Adams Capital LLC “The shift from operator to investor can be quite fulfilling and enjoyable if the transition is sound and the timing right,” says Duffy. IRVINE, CA – Do you know any retired real estate principals? Really? Does anyone believe that a real estate principal ceases to…

Voit: OC Flex Market Should Mimic 2013

By Carrie Rossenfeld, Orange County, Globe St.com, April 21, 2014 Holdner: “The most notable trends shown by the report are the amount of available space that is decreasing and how asking leases are trending upwards.” IRVINE, CA—Flex space is on a growth trajectory in Orange County, according to a Q1 report from Voit Real Estate…

Need Help Selecting a CRE Broker?

By Natalie Dolce, Washington, DC – April 2014 – Globe St. Many property owners, tenants and buyers fly blind while selecting someone to represent them. So says SIOR’s Patrick O’Healy in a recent blog on the subject. According to Healy, property owners, tenants and buyers desire to work with someone they like, but often relationship…

The Great OC Office Debate

The recession might have taken the wind out of some landlords, but since the recovery, most office owners have gained ground. Have they gained enough ground, however, to declare Orange County a landlord’s market? Western Real Estate Business, April 2014, written by Jeff Ingham, Senior Marketing Director, JLL, Irvine, CA The debate over whether negotiating…

OC Industrial: Only 2% of OC Industrial Stock Is for Sale

By Carrie Rossenfeld | Orange County IRVINE, CA—Available industrial space in Orange County continues to be scarce, a fact that is helping to drive up sales prices in the sector, according to Voit Real Estate Services. Following the trend of lease rates rising, sales prices are also gradually ticking up. As GlobeSt.com reported earlier this…

OC Industrial: All Revved Up, No Place to Build

Written by: Real Estate Bisnow 3/31/2014 Tight. In a word, that’s the Orange County industrial market. (We would also have accepted “industrial.”) Despite increasing demand, supply is hard to develop, according to experts at Bisnow’s third annual State of the Market at the Hotel Irvine recently, which drew 450. Panattoni Development CEO Adon Panattoni says…

Commercial Real Estate Market Update Brought to You by Kevin Thomas OC Industrial Group, Lee & Associates-Newport Beach, Inc.

From Western Real Estate Business (March 2014) By Kevin Maggiacomo, President and CEO of Sperry Van Ness Outlook 2014: Recover, Reconsider, Redefine The current momentum surrounding the commercial real estate market is exciting, but information, perspective and a solid team behind you will ultimately determine whether you thrive. For SVN and the industry in general,…