Irvine Spectrum
Orange County - CA USA - Industrial Submarket
Industrial real estate intelligence for the Irvine Spectrum submarket. 21.7M SF of inventory with 12.1% vacancy. Data sourced from various MLS platforms.
21.7MSF
Inventory
3.5MSF
Available
12.1%
Vacancy
16.1%
Availability Rate
$22.05
Asking Rent
0.4%
Rent Growth
-372,889SF
12mo Absorption
0SF
Under Construction
Market Metrics
12mo Delivered
968K SF
Under Constr % of Inv
0.0%%
Sale Price/SF
$385
Cap Rate
5.4%%
12mo Sales Volume
$208,468,410
Sales Vol Growth
327.5%
Asset Value
$8,347,344,151
Net Absorption
-372,889 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 (12.1%) in Irvine Spectrum may indicate availability of conversion-ready industrial buildings for data centre development. Negative absorption of 373K SF over 12 months warrants caution, though this may create discounted acquisition opportunities.
Other Submarkets in Orange County - CA USA
Evaluating Irvine Spectrum 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.