Industrial Market Report
 
Continuing its path to recovery ending 2011. The average asking sales price in the 4th quarter was $133 psf.

Vacancy: The North Orange County sub market decreased to 5.0% from 5.5% last quarter 

PK Management is a trusted Advisor, Manager, and Owner of apartments, industrial, retail, and office. The Company manages all functions of the properties including: overseeing the day-to-day operations through the direct supervision of property managers, maintenance, and outside contractors.

This practice ensures properties are properly maintained in accordance with owner’s and company standards and maintenance agreements.

Other management services: creating annual budgets, business plans and occupancy goals, identifying property maintenance requirements, capital improvements, soliciting, reviewing and negotiating contractors bids.

PK Management provides real estate services including: acquisitions and dispositions, due diligence and market research, monitoring property financials and business dealings of clients real estate portfolio.

PK Management assist companies with lease negotiations and relocations.

By way of experience, PK Management is your complete real estate solution.

 

CONTACT INFORMATION

Main Office Phone: 714.453.9863
Mailing Address: P.O. Box 235 Placentia, CA 92871

Market Overview

Demand vs. Lease Rates: 
No longer at the bottom sector, the commercial industry is steadily rising due to low vacancy and low overbuilding.

Residential Home Sales: 
Apartment market is healthier due to job growth and less financing for home buyers. This will strengthen renter demand and owners will have the power to raise rents.