Figure
Orange County Industrial MarketView Insert Q3 2019
October 17, 2019
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- Research & Development gross activity was 269,917 sq. ft. in Q3 2019, representing a decrease of 31% from Q2 2019 and 35% from Q3 2018.
- Vacancy in Orange County decreased by 164,000 sq. ft. and remained at 2.3%.
- In Q3 2019, the average asking lease rate was $0.95 per sq. ft. representing a 3.3% increase year over year.