Report | Orange County Office Insight - Q1 2016
Rent prices rose higher across Orange County in Q1 as a number of new buildings delivered to market. We see this upward trend continuing for the duration of the year.
574,252 square feet of new space is expected to be added across Orange County throughout the rest of 2016.
The local medical sector continues to play a major role in boosting the local economy and CRE market. Medical tech-focused venture capital funding totaled $366.2 million in 2015. As these medical firms expand operations, real estate footprints will also grow.
Learn more about what’s happening right now in Orange County—and what we can expect over the next couple months—by downloading our Q1 2016 US Office Insight.
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