New supply is coming to the notoriously tight North Orange County industrial market. Panattoni Development Co. is developing a four-building, 232,000-square-foot industrial project on the boarder of Anaheim and Placentia, an industrial market with a near 1% vacancy rate. This is a rare site in Orange County, and the project could accommodate four tenants ranging in size from 47,813 square feet to 69,882 square feet. As a result of the strong demand, the developer expects early and rapid lease-up.