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Irvine, CA Irvine, CA

When Toys R Us announced plans to shutter its stores this year, the retail market went reeling, wondering what would happen to the surge of big box spaces that would inevitably hit the market. While we have yet to realize the full impact of these store closures, Orange County has been shaking off the worry. With a 3.5% vacancy rate, according to the most recent research from CBRE, the Orange County market has been able to backfill these big box easily as users in the 20,000-squre-foot to 30,000-square-foot size range are looking for quality space.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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