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ORANGE COUNTY, CA—Q1 was a fast and furious quarter for the national industrial market, but locally speaking, Orange County holds the lead as the market with the lowest vacancy rate in the country. According to a report from Cushman & Wakefield, the county finished the quarter with 3.9% industrial vacancy, an annual change of -0.8%, followed by other California markets including Greater Los Angeles at 4.3%, Oakland at 4.5% and the San Francisco Peninsula (tied with Denver) at 4.7%.

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