Home Finance 180 Snacks Leases 141,616 SQFT at Prologis Industrial Facility in Fullerton
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180 Snacks Leases 141,616 SQFT at Prologis Industrial Facility in Fullerton

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Anaheim-based healthy snack manufacturer expands production and distribution capacity

A significant industrial lease was recorded in Orange County’s North County submarket. 180 Snacks leased 141,616 square feet at Beckman Business Center at 150 E Lambert Road in Fullerton from Prologis in October 2025. The transaction represents a significant expansion for the Anaheim-based food manufacturer as it scales production and distribution operations to meet growing demand for its healthy snack products, according to Kidder Mathews.

180 Snacks, founded in 1998, manufactures organic, gluten-free and non-GMO snack products including nut and seed bars, fruit-based snacks and rice-based treats from its facilities in Anaheim, Calif. The company produces all products in small batches using simple ingredients sourced from California farms, with products certified as kosher, gluten-free, non-GMO, dairy-free and peanut-free. The company distributes its product line through major retailers including Walmart, Marshall’s and Amazon, with nationwide availability while maintaining its small-batch production approach.

Prologis operates as the world’s largest industrial real estate investment trust, headquartered in San Francisco with approximately 1.3 billion square feet across more than 6,000 buildings in 20 countries throughout North America, Latin America, Europe and Asia. The company serves approximately 6,600 tenants through its focus on logistics facilities located in infill markets near major urban population centers where land availability remains constrained. As of 2025, Prologis had completed major acquisitions including Duke Realty for $23 billion in October 2022 and purchased 14 million square feet of industrial property from The Blackstone Group for $3.1 billion in June 2023.

The company maintains extensive operations in Orange County through multiple industrial parks and business centers, with properties strategically positioned near major transportation corridors, ports and distribution networks. Prologis’ business model emphasizes sustainable development practices, with the company achieving validation from the Science Based Targets initiative for its commitment to reach net-zero greenhouse gas emissions by 2040. The firm expanded beyond traditional real estate operations through Prologis Essentials, offering tenants access to solar power, racking systems, forklifts, EV charging infrastructure and logistics technology equipment.

The lease transaction occurred as North County recorded mixed performance, with negative absorption of 191,569 square feet for the full year 2025 despite positive fourth quarter absorption of 160,288 square feet. Direct vacancy in North County reached 5.5 percent at year-end, with total availability including subleases and space under construction climbing to 8.6 percent.

North County encompasses 111.2 million square feet of industrial space and maintained asking lease rates of $1.48 per square foot on a triple net basis at year-end. The submarket recorded 645,982 square feet of leasing activity in the fourth quarter, contributing to 5.1 million square feet of full-year leasing volume.

Orange County’s industrial market closed 2025 with direct vacancy climbing to 5.8 percent from 4.1 percent a year earlier as newly completed construction from 2024 and 2025 remained unoccupied. Leasing activity totaled 1.4 million square feet in the fourth quarter, down 57.91 percent from 3.3 million square feet in the fourth quarter of 2024, reflecting reduced tenant interest across the county.

Kidder Mathews noted that smaller-format buildings continued leasing substantially faster than larger facilities during the quarter. Properties in the 5,000 to 9,999 square foot range maintained just 1.9 percent vacancy across Orange County, while buildings in the 100,000 to 249,999 square foot category experienced vacancy above 11 percent.

The broader Anaheim submarket, where 180 Snacks maintains its existing production facilities, encompasses 45.2 million square feet of industrial space with direct vacancy reaching 6.1 percent at year-end. The submarket recorded negative absorption of 165,614 square feet for the full year while maintaining asking lease rates of $1.57 per square foot on a triple net basis, above the countywide average.

Market stability is anticipated in 2026 as the number of active construction projects declines significantly from cyclical peaks, with developers delaying new project starts due to surplus supply concerns. The construction pipeline included approximately 1.4 million square feet of space under development at year-end, with Tishman Speyer leading activity through its 379,168-square-foot Bake Freeway Business Park project in South County.

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