Search
 

County's Industrial Sector Keeps Cooling

ORANGE COUNTY, CA-According to a recent report by Grubb & Ellis Co., the region's industrial sector will continue to cool in the upcoming year. North and Central County, with their more traditional manufacturing and distribution facilities, are expected to fare best in the face of the continued slowdown.

By Erin Cassin | Updated on December 20, 2001

ORANGE COUNTY, CA-Orange County’s industrial sector will continue to see a slowdown in activity in the months ahead, according to a recent report by Grubb & Ellis Co.

The considerable cooling in the technology sector played a major role in the downturn, according to Grubb & Ellis. Many of these firms were tenants in the Airport area and South County, which have been hard hit by the dot.com bust. However, the report does point out that technology segments such as biotech, pharmaceuticals, communications and security, will benefit from increased spending and may expand into larger spaces here in the future.

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?

 

Recommended Stories

GlobeSt Net Lease Spring 2023Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

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

  • Free unlimited access to GlobeSt.com'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 ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2023 ALM Global, LLC. All Rights Reserved.