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How much have OC office rents grown since 2010?

•In addition to leading Orange County’s rent growth, the Airport Area surpassed 2007’s peak average asking monthly rental rate ($3.02 per square foot, full service gross) in Q4 2016 with a rent of $3.06 per square foot.

•Although West County recorded the lowest rent growth since 2010, the submarket is not as susceptible to cyclical fluctuations as most other submarkets.

•The current average rent for the total Orange County market of $2.68 per square foot is only 2.2 percent off the 2007 peak rent of $2.74 per square foot.

•Strong job growth from startups and mature companies is a key factor in driving the demand for office space in
Orange County.




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