Immigration has bolstered apartment demand. What an expected slowdown means in four gateway markets.
Rentals in South Florida, Dallas-Fort Worth, LA and Orange County face unique challenges
Since 2020, more than 80% of the population growth across several major U.S. cities has come from international immigration, which has substantially benefited apartment demand in s...
Apartment market forecast stays positive in face of potential economic headwinds
Rental boom, strong demand to drive down vacancies throughout 2025
The U.S. apartment vacancy rate finally peaked at the end of last year and is forecast to maintain downward momentum through 2025 and beyond.
Orange County reverses population loss in 2024
Gains concentrated in larger OC cities
Orange County, California’s population increased by nearly 16,000 in 2024, according to newly released statistics from U.S. Census Bureau. That 0.5% increase marked a rebound from ...
Logistics building vacancy in Southern California drops
Even older buildings gained occupancy in the first quarter
Following a three-year increase, vacancy in Southern California logistics buildings over 100,000 square feet declined in the first quarter of 2025. Vacancy fell 20 basis points to ...
Orange County's office occupancy expected to contract for the first time in more than a year
Slight uptick in vacancy would reverse five consecutive quarters of declines
Vacancy in Orange County’s office market ticked lower in each quarter last year as the overall office occupancy in the county increased by roughly 700,000 square feet in the year. ...
Industrial leasing in Los Angeles finally picks up
Occupiers take new speculatively developed buildings
Green shoots are emerging in Los Angeles’ beleaguered industrial market. Vacancies spiked from 2023-24 as L.A. suffered occupancy losses exceeding those of any other U.S. market. B...
Eight closed Joann stores to go up for auction in Orange County
Availability could give retailers an opportunity to secure space amid tight market conditions
Retail leases signed by the bankrupt fabrics and crafts store Joann are being auctioned as part of its Chapter 11 proceeding. Nearly 800 locations are up for grabs nationally, incl...
Craft store Joann to close eight Inland Empire stores in bankruptcy process
Vacated space will contribute to rising availability in the market
Crafts retailer Joann is closing more than half of its roughly 800-store fleet in an effort to downsize its footprint as part of its Chapter 11 proceeding. Notably, the company pla...
On the wishlist for some logistics tenants? Taller industrial buildings.
Developers race to meet evolving logistics demands
Industrial buildings in Southern California are getting taller by the year.
New analysis of LA fires reveals property damages top $30 billion
About 11,200 residential and commercial buildings destroyed, CoStar data shows
Three weeks after the onset of the most destructive wildfires in California history, a new analysis has determined that the blazes wiped out almost $31 billion in property value, i...
Inland Empire renters have more multibedroom, luxury options than ever before
Housing development hits record levels in Southern California region
As Inland Empire's apartment growth ramped up last year, developers brought a diverse mix of rental housing to the Southern California market.
Who are Orange County multifamily developers catering to? High-income singles and couples.
Fewer units built for families or budget-conscious renters
Apartment deliveries in Orange County rose to a five-year high of over 2,800 units in 2024, but not many were studios or apartments with three or more bedrooms. Instead, developers...
Inland Empire's rising industrial vacancy finally snapped in 2024. But some buildings still sit vacant.
Only 60% of properties completed in that California region last year are leased
Industrial leasing in California's Inland Empire isn't what it once was.
Businesses vacate Los Angeles industrial buildings at a record pace
Occupancy contracts another 4 million square feet
The Los Angeles industrial market remains the weakest in the nation.
Inland Empire industrial vacancy spike finally levels
Consumer spending growth and rising imports encourage more leasing
After years of rapid growth, vacancy in Inland Empire’s industrial market has tapered off, settling at 7.6% in the final quarter of 2024.
Orange County office availability falls for two straight years
Consistent leasing velocity outpaces new space listings
Orange County’s office market tightened for tenants in 2024, outperforming most U.S. markets.
Which retailers signed the largest Inland Empire leases in 2024?
Supermarkets open catering to a growing population
Retail leasing volume in the Inland Empire has held steady for two years, at around 1 million square feet per quarter. Down slightly from 2021-2022 levels, leasing volume is coming...
Amid seasonal dip, Orange County rents set to end year fairly unchanged
Rents down the most in Southern Californa cities of Irvine and Newport Beach
Apartment rents in Orange County declined in November, following a typical seasonal pattern.
Discount retailers lead Orange County leasing flurry
Dollar Tree’s takeover of former 99 Cents Only Stores makes up large deal chunk
With a band of discount retailers leading the charge, Orange County's retail market could finish the year strong.
Are apartments in Orange County becoming more affordable?
Rent growth in the California region lags behind national average
With apartment rents in Orange County heading for a negligible increase in 2024, affordability for prospective renters is improving.