IRVINE, CA—The Greater Los Angeles and Orange County (GLA/OC) region posted the three lowest industrial vacancy rates nationally tracked (50 largest metropolitan areas) by CBRE.
As the largest market in the nation, GLA/OC recorded a low vacancy rate of 2.2% (combined) compared to the national average of 5.7%. The neighboring Inland Empire market rounds out in the top three with a vacancy rate of just 3.6%.
Below is a breakdown of the top 15 markets with the lowest vacancy rates.
Click here to see the list from CBRE.
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
