ANAHEIM, CA-Occupancy is increasing in a number of Orange County industrial parks, primarily as a result of relatively small leases that are producing surprisingly steady activity in the midst of economic uncertainty. Seth Davenport, a vice president in the Anaheim Metro Office of Voit Commercial Brokerage, tells that in Yorba Linda the occupancy increased 7% in the second quarter of this year in the 105,600-sf North County Business Park owned by Chicago-based Walton Street Capital. Occupancy also increased 7% in the second quarter for a year-to-date increase of 13% at Walton Street’s 110,000-sf Fullerton Business Center.

Davenport is part of a Voit team including Louis Tomaselli, Mitch Zehner, Hayden Socci and Mike Boomer that represents Walton Street on the North Orange County industrial properties. Voit has a unique window into the industrial leasing world in Orange County because, as reported earlier this year, the company handles leasing for 19 business parks in Orange County totaling more than 3.3 million sf that are owned by Walton Street.

Davenport tells that much of the industrial leasing in Orange County is in deals ranging from about 1,000 sf to 5,000 sf, often with existing tenants taking more space in the same industrial park or signing short-term renewals. He cites a number of reasons for the trend, which contrasts somewhat from conditions before the credit crunch and the economic downturn, when small business owners were buying industrial buildings seemingly as fast as developers could build them.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.