Huntington Beach, population 192,888, is one of the largest submarkets in Orange County. Huntington Beach’s largest tenant Boeing includes about 30 buildings totaling nearly 2.5 million SF, however, they are planning to move about half of their operations to surrounding areas by the year 2020. The result of this shift is creating an increase in available industrial SF in this submarket.

 

 

Industrial Specs

Inventory SF: 17.5 M

Under Construction SF: 0 K

12 Month Net Absorption SF: -80 K

Vacancy Rate: 2.7%

Asking Rent/SF: $1.05

12 Month Rent Growth: 5.7%

 

 

Fun Facts:

1.     There is a wetland between Huntington Harbour and Downtown Huntington Beach that is protected as part of the Bolsa Chica Ecological Reserve. (SoftSchools – Huntington Beach)

2.     On Tuesday nights in Huntington Beach three Main Street blocks are closed to traffic and it comes alive with vendors selling crafts and food and fresh produce. There is music and street performers and other entertainment. (SoftSchools – Huntington Beach)

3.     The world surfing championships are held in Huntington Beach every year. (SoftSchools – Huntington Beach)