Irvine
Orange County - CA USA - Industrial Submarket
Industrial real estate intelligence for the Irvine submarket. 18.0M SF of inventory with 10.3% vacancy. Data sourced from various MLS platforms.
18.0MSF
Inventory
2.0MSF
Available
10.3%
Vacancy
11.1%
Availability Rate
$21.32
Asking Rent
0.2%
Rent Growth
-66,089SF
12mo Absorption
0SF
Under Construction
Market Metrics
12mo Delivered
54K SF
Under Constr % of Inv
0.0%%
Sale Price/SF
$377
Cap Rate
5.5%%
12mo Sales Volume
$160,874,001
Sales Vol Growth
182.5%
Asset Value
$6,782,143,993
Net Absorption
-66,089 SF
Recent DC Sales in Market
| Property | Price | SF | Buyer |
|---|---|---|---|
| SMS Data Center | $10.8M | 37,000 | Pacific Tree Capital |
| TPx Colocation Data Center | $39.5M | 58,000 | Landmark Dividend |
| TPx Colocation Data Center | $20.8M | 58,000 | Telecom Real Estate Services |
Available DC Space in Market
| Property | Avail SF | Rent | Owner |
|---|---|---|---|
| 9 First American Way | 49,382 | $16.45 - 20.10 (Est.) | First American Financial Corporation |
Data Centre Development Potential
High vacancy (10.3%) in Irvine may indicate availability of conversion-ready industrial buildings for data centre development. Negative absorption of 66K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Orange County - CA USA
Evaluating Irvine for Development?
Our advisory team provides site-specific analysis including power availability, zoning, and financial modeling.
Data sourced from various MLS platforms. Industrial market data for informational purposes. Professional due diligence recommended.