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2022 Q2 INDUSTRIAL REPORT ORANGE COUNTY

Countywide, average asking rents climbed 20.6% year over year with gains ranging from 14.5% to 24.2% across the countyโ€™s four major submarkets. Rents were highest in the South County submarket, averaging $1.58 per SF, up 20% from a year ago. Of the 20 largest new leases in Q2 the average time on market was five months. The largest sale was the $23-million purchase.

2022 Q2 OFFICE REPORT ORANGE COUNTY

Download Report HEALTHY DEMAND RETURNS TO SOUTH COUNTY With Covid clearly a long-term issue, many mainstream tenants are still modifying hybrid workplace schedules, as the overall office market attempts to come to terms with what one headline writer called "The fuzzy math of three days a week in the office." Space everywhere is being effectively discounted with offers of free rent and hefty tenant improvement allowances. In contrast to the anemic office demand afflicting most of Orange County, the South County... more
2022 Q2 OFFICE REPORT ORANGE COUNTY

2022 Q1 INDUSTRIAL REPORT ORANGE COUNTY

Continued strong demand for industrial space pushed the countywide vacancy rate to a record low 2% in the first quarter. Two buildings totaling 283,772 SF were completed in Q1, but the added supply was outstripped by Q1โ€™s 483,450 SF of positive net absorption. South County had the slowest rent growth in the last four quarters, 13.2%. South County also has the highest vacancy rate. Three of the top 10 new leases in the Q1. The countyโ€™S. new leases totaled 304,040 SF in West County. The largest new lease in... more
2022 Q1 INDUSTRIAL REPORT ORANGE COUNTY

2022 Q1 OFFICE REPORT ORANGE COUNTY

Download Report LANDLORDS AWAIT FULL โ€œRETURN TO OFFICEโ€ The office market suffered a mild Covid relapse in the first quarter...+

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2022 Q1 OFFICE REPORT ORANGE COUNTY

2021 Q4 INDUSTRIAL REPORT ORANGE COUNTY

Download Report DEMAND FOR SPACE INTENSIFIED IN 2021 Demand for industrial space in Orange County, already one of the hottest...+

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2021 Q4 INDUSTRIAL REPORT ORANGE COUNTY

2021 Q4 OFFICE REPORT ORANGE COUNTY

Download Report HEALTHY TENANT GROWTH RETURNED IN Q4 After six straight quarterly losses since the lockdown, countywide demand for space...+

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2021 Q4 OFFICE REPORT ORANGE COUNTY

2021 Q3 INDUSTRIAL REPORT ORANGE COUNTY

Download Report VACANCY HITS NEW LOW ON RED-HOT DEMAND Industrial users leased 1.8 million SF of space in the third...+

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2021 Q3 INDUSTRIAL REPORT ORANGE COUNTY

2021 Q3 OFFICE REPORT ORANGE COUNTY

Download Report DEMAND IMPROVES BUT DELTA VIRUS BRINGS CAUTION Office demand resumed in most of the county in the third...+

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2021 Q3 OFFICE REPORT ORANGE COUNTY

Insights for Selecting the Right Buyer or Tenant

Originally written by Christopher J. Destino, SIOR, of the Lee & Associates-Orange office. Full Article here. โ€‹Within Industrial Real Estate...+

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2021 Q2 INDUSTRIAL REPORT ORANGE COUNTY

Download Report Q2 DEMAND IS STRONGEST IN SIX YEARS Encouraged by effective vaccine distribution and improved economic data, companies in...+

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2021 Q2 INDUSTRIAL REPORT ORANGE COUNTY

2021 Q2 OFFICE REPORT ORANGE COUNTY

Download Report MARKET IMPROVES ON VACCINES, ECONOMIC NEWS With encouraging economic news and an effective vaccination campaign that dramatically reduced...+

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2021 Q2 OFFICE REPORT ORANGE COUNTY

Tax Hike Threat Escalates

Back in April, the new administration introduced its American Families Plan, a multi-trillion social spending proposal that would be partially...+

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Tax Hike Threat Escalates

2021 Q1 INDUSTRIAL REPORT ORANGE COUNTY

Download Report RENTS GAIN ON STRONG TENANT GROWTH Strong demand for industrial space continued in the first quarter, pushing down...+

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2021 Q1 INDUSTRIAL REPORT ORANGE COUNTY

2021 Q1 Office Report Orange County

Download Report TENANTS CAUTIOUS AHEAD OF REOPENING The first quarter was another period of ailing tenant demand as many companies...+

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2021 Q1 Office Report Orange County