Industrial Development Makes a Comeback- The Orange County Business Journal

The Orange County manufacturing-and-warehouse market continues to see a dwindling supply of space as demand grows. Activity has increased across the county, with 570,372 square feet of positive net absorption in the first quarter. Activity levels continued to climb, leading to an overall lower vacancy level of 2.7%. The overall asking lease rate for manufacturing-and-warehouse space decreased 1 cent to 56 cents per square foot, up 2 cents from a year ago. Gross activity for the manufacturing-and-warehouse market was 2.1 million square feet...

You can read the entire Orange County Business Journal article by clicking here.

Minka Lighting Signs 355,000-SF BTS Lease - CoStar Group

Minka Lighting, Inc. has signed a 354,810-square-foot, build-to-suit industrial lease for a new location at San Michelle Rd. and Indian Ave. in Moreno Valley, CA. The tenant will be relocating from its current location at nearby 23700 Cactus Ave. You can read the entire CoStar Group article by clicking the text. Minka Lighting Signs 355,000-SF BTS Lease - CoStar Group

SRG To Build $40M Logistics Center - Daily News Article - GlobeSt.com

 

IRVINE, CA-Sares-Regis Group is planning to develop the SRG Perris Logistics Center, a 580,000-square-foot distribution building near the former March Air Force Base in Perris, CA. The development, located at 3900 Indain Ave., is in a prime distribution corridor populated by major consumer brands and retailers that include Whirlpool, Hanesbrands Inc., Home Depot, Lowe’s and Ross.You can read the entire Globe Street article by clicking the text SRG To Build $40M Logistics Center - Daily News Article - GlobeSt.com