Orange County Industrial Market Report
By CREhunt Research · Data through Q2 2026 · Aggregated from Kidder Mathews, Cushman & Wakefield, CBRE, Colliers, JLL, Lee & Associates
Quarterly industrial market indicators for Orange County, aggregated by CREhunt from Kidder Mathews, Cushman & Wakefield, CBRE, Colliers, JLL, Lee & Associates. As of Q2 2026, average asking rent was $17.40/SF/yr and vacancy was 6.9%, per Kidder Mathews.
Projected current industrial pricing — Orange County
Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q2 2026 multiple brokerages data (cap rate 5.3%, asking rent held flat). Assumes ~95% occupancy and a 72–88% net-operating-income margin.
| Quarter | Asking rent | Vacancy | Net absorption | Under constr. | Source |
|---|---|---|---|---|---|
| Q2 2026 Kidder Mathews | $17.40/SF/yr | 6.9% | -331K SF | — | Kidder Mathews |
| Q2 2026 Cushman & Wakefield | $16.44/SF/yr | 5.2% | -362K SF | — | Cushman & Wakefield |
| Q2 2026 CBRE | $17.88/SF/yr | 5.5% | — | — | CBRE |
| Q1 2026 CBRE | $18.60/SF/yr | 5.3% | — | — | CBRE |
| Q1 2026 Colliers | $11.16/SF/yr | 2.6% | 83K SF | — | Colliers |
| Q1 2026 CBRE | $10.68/SF/yr | — | — | — | CBRE |
| Q1 2026 Cushman & Wakefield | $10.20/SF/yr | 1.9% | -160K SF | — | Cushman & Wakefield |
| Q1 2026 JLL | $19.68/SF/yr | 7.3% | 31K SF | — | JLL |
| Q4 2025 Cushman & Wakefield | $18.72/SF/yr | 5.0% | — | — | Cushman & Wakefield |
| Q4 2025 CBRE | $19.32/SF/yr | 4.9% | 289K SF | — | CBRE |
| Q3 2025 Cushman & Wakefield | $18.48/SF/yr | 4.8% | — | — | Cushman & Wakefield |
| Q2 2025 Cushman & Wakefield | $18.48/SF/yr | 4.4% | — | — | Cushman & Wakefield |
| Q3 2019 Lee & Associates | $18.48/SF/yr | 5.8% | — | — | Lee & Associates |
| Q1 2019 Cushman & Wakefield | $10.56/SF/yr | 2.4% | -1.5M SF | — | Cushman & Wakefield |
| Q4 2018 Colliers | $11.16/SF/yr | 2.8% | 83K SF | — | Colliers |
| Q1 2017 Lee & Associates | $12.72/SF/yr | 3.8% | — | — | Lee & Associates |
Industrial asking rents by submarket
The newest asking rent a named brokerage's report published for each Orange County industrial submarket, with its publisher and quarter. Submarkets whose newest figure cannot be attributed, or falls outside a plausible range, are left out.
| Submarket | Asking rent | Source |
|---|---|---|
| Airport Area | $1.44/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Anaheim | $1.48/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Brea/La Habra | $1.36/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Buena Park | $1.39/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Costa Mesa | $1.09/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Cypress | $1.41/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Dana Point/San Juan/San Clemente | $2.05/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| FLEX | $1.56/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Fountain Valley | $1.36/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Fullerton | $1.43/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Garden Grove | $1.32/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Greater Airport Area | $1.39/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Huntington Beach | $1.54/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Irvine | $1.59/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Irvine Spectrum | $1.74/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| La Palma | $1.15/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Laguna Hills/Aliso Viejo | $1.67/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Laguna Niguel/Laguna Beach | $2.75/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Lake Forest/Foothill Ranch | $1.54/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Los Alamitos/Stanton | $1.60/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| MFG | $1.37/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| Mission Viejo | $1.79/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| North County | $1.37/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| North Orange County | $1.45/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Orange | $1.29/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Placentia/Yorba Linda | $1.38/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| R&D | $1.71/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| RSM/CDC/Ladera Ranch | $1.66/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| Santa Ana | $1.33/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| South County | $1.63/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| South Orange County | $1.73/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Tustin | $1.78/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
| W/D | $1.52/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| West County | $1.26/SF/mo Cushman & Wakefield · Q2 2026 | Cushman & Wakefield, Q2 2026 |
| West Orange County | $1.49/SF/mo CBRE · Q1 2026 | CBRE, Q1 2026 |
| Westminster | $1.37/SF/mo Kidder Mathews · Q2 2026 | Kidder Mathews, Q2 2026 |
How the brokerage sources compare
For Q2 2026, the brokerages CREhunt aggregates for Orange County industrial did not fully agree. On vacancy, the sources span 1.7 points — from 5.2% (Cushman & Wakefield) to 6.9% (Kidder Mathews). Asking-rent estimates differ by $1.44/SF/yr — from $16.44/SF/yr to $17.88/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.
| Source | Vacancy | Asking rent | Cap rate |
|---|---|---|---|
| CBRE | 5.5% | $17.88/SF/yr | — |
| Cushman & Wakefield | 5.2% | $16.44/SF/yr | — |
| Kidder Mathews | 6.9% | $17.40/SF/yr | — |
Per-brokerage figures for Q2 2026, aggregated from published brokerage market reports.
Frequently asked questions
- What is the average asking rent for industrial space in Orange County?
- As of Q2 2026, the average asking rent for industrial space in Orange County was $17.40/SF/yr, per Kidder Mathews.
- What is the industrial vacancy rate in Orange County?
- The industrial vacancy rate in Orange County was 6.9% as of Q2 2026 (Kidder Mathews).
- Where does CREhunt's Orange County market data come from?
- This report aggregates quarterly industrial market data for Orange County from Kidder Mathews, Cushman & Wakefield, CBRE, Colliers, JLL, Lee & Associates.
- How much do brokerage estimates differ for industrial space in Orange County?
- For Q2 2026, the brokerage sources CREhunt aggregates for Orange County did not fully agree. On vacancy, the sources span 1.7 points — from 5.2% (Cushman & Wakefield) to 6.9% (Kidder Mathews). Asking-rent estimates differ by $1.44/SF/yr — from $16.44/SF/yr to $17.88/SF/yr. CREhunt reconciles these into a single consensus median rather than relying on any one brokerage.