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Orange County Market Reports

Orange County Office Market

Average Asking Rent (Price/SF/Mo) $2.80
Vacancy Rate (%) 12.3%
Net Absorption (SF) 63,150

The largest office lease of the past two years took place this quarter when Alteryx, a computer software company, committed to 183,000 square feet at Spectrum Terrace.

Orange County Industrial Market

Average Asking Rent (Price/SF/Mo) $1.15
Vacancy Rate (%) 2.9%
Net Absorption (SF) 748,991

Orange County's growing population of 3.3 million residents and average household income of $121,359, 20.6% higher than Southern California's average, are attractive fundamentals for e-commerce occupiers. Amazon was among Orange County's most active industrial tenants this year, growing its 450,000-square-foot presence to roughly 1.2 million square feet.



Orange County Office Market Report
4Q19
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Orange County Industrial Market Report
4Q19
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