Snapshots

Where is each industry leasing large blocks of office space in Orange County?

Through the first three quarters of the year, the Orange County office market has recorded 3.26 million square feet of leasing activity of deals 20,000 square feet and greater.

October 30, 2019
  • Through the first three quarters of the year, the Orange County office market has recorded 3.26 million square feet of leasing activity of deals 20,000 square feet and greater. Half of the total activity has been concentrated in the Airport Area.
  • Tech, which has been the most active in the market has focused its efforts in the Airport Area and South County submarkets with each one offering highly amenitized campus-style office projects such as Intersect, UCI Research Park, and Discovery Business Center. These submarkets also have the best retail amenities and newest multi-family housing.
  • The current data shows office demand from a wide spectrum of industries which is a stark contrast from the previous cycle leading up to the Great Recession when the Orange County market was centered around mortgage companies.

Source: JLL Research

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