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Some logistics tenants are leaving Orange County for cheaper Southern California markets

Aerospace and advanced manufacturing firms fill in gaps
Aerospace companies are picking up the slack from logistics firms in high-rent Orange County. Hyundai pre-leased the under-construction 2 Sterling property in Irvine last month for its flying taxi division. (CoStar)
Aerospace companies are picking up the slack from logistics firms in high-rent Orange County. Hyundai pre-leased the under-construction 2 Sterling property in Irvine last month for its flying taxi division. (CoStar)
CoStar News
February 3, 2025 | 11:44 P.M.

Orange County’s relatively high industrial rental rates are starting to price logistics tenants out of the market, a trend benefiting cheaper surrounding areas with vacancies.

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