Friday, December 12, 2008

Orange County Office & Industrial Numbers Q4 2008

Last quarter I took over doing the office and industrial reports for Orange County. I do the numbers and my college, Michael Soto, deals with the text.

In that spirit, here are the preliminary stats for OC industrial and office.

Orange County Industrial (Preliminary):

Vacancy Rate: 4.5%
Last Quarter: 4.4%

Lease Rate: $0.75
Last Quarter: $0.80

Absorption: +3,400
Last Quarter: -311,400

Orange County Office (Preliminary):

Vacancy Rate: 18.9%
Last Quarter: 18.7%

Lease Rate: $2.61
Last Quarter: $2.62

Absorption: -149,700
Last Quarter: -255,500

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