Industrial Specs

Inventory SF: 7.2 M

Under Construction SF: 0 K

12 Month Net Absorption SF: 86.5 K

Vacancy Rate: 1.3%

Asking Rent/SF: $1.05

12 Month Rent Growth: 5.8%

 

 

Fun Facts:

1.     Placentia’s climate and rich land attracted an ever-growing number of new residents. The area was well suited for raising citrus fruit, walnuts, avocados, and grapes. Placentia became the center of Valencia Orange Growing and Packing, and its 500 citizens voted to incorporate the City in 1926. (Placentia California)

2.     Placentia is derived from a Latin word meaning “pleasant place to live.” (Placentia California)

3.     Yorba Linda is known to have 30 horse trails which are 100 miles in overall length.  (KidzSearch)

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