Real Estate
May 2, 1920
Industrial users vie with developers
By Ronald McNees Even as north Orange County's industrial vacancy rates are falling to historic lows, there is little speculative building to meet rising demand.
By Ronald McNees
Even as north Orange County's industrial vacancy rates are falling to historic lows, there is little speculative building to meet rising demand.
When Hatachi Transport System Ltd. proposed selling 340,000 square feet of industrial property on 20.5 acres in Anaheim last year, its brokers were pretty sure that the land would become a development site.
"We thought it was a tear-down and we'd build a new 400,000 to 500,000 [square-foot] distribu...
Even as north Orange County's industrial vacancy rates are falling to historic lows, there is little speculative building to meet rising demand.
When Hatachi Transport System Ltd. proposed selling 340,000 square feet of industrial property on 20.5 acres in Anaheim last year, its brokers were pretty sure that the land would become a development site.
"We thought it was a tear-down and we'd build a new 400,000 to 500,000 [square-foot] distribu...
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