Three quarters of 2022 saw lowered vacancy and increased asking rent for industrial listings compared to previous quarters. With an average vacancy of less than 2% and an average monthly rent of $1.45/SF, Orange County’s industrial market remains among the most competitive commercial markets compared to Los Angeles and the Inland Empire (CoStar).
Aspect Real Estate Partners prides itself on helping clients develop and expand their small business by locating a space to help them find success. Our clients, Malaia and Jaebin from Malaia’s Microgreens, were able to find their success from humble beginnings. With Aspect’s expertise and perseverance, they were able to expand their farm into a 1,500SF warehouse in Irvine’s Airport Business Area.