Home > Research > U.S. Market Reports Detail

U.S. Market Reports

Orange County Market Reports

Orange County Office Market

Average Asking Rent (Price/SF/Mo) $2.68
Vacancy Rate (%) 12.3%
Net Absorption (SF) 63,291

Annual net absorption for the last seven years averaged nearly 1.6 million square feet-a sharp contrast to the 631,654 square feet recorded this year. Much of this year's leasing activity (and subsequent tenant move-ins) came from existing market tenants taking advantage of the efficiencies modern space offers.

Orange County Industrial Market

Average Asking Rent (Price/SF/Mo) $1.02
Vacancy Rate (%) 2.1%
Net Absorption (SF) 152,725

Orange County's industrial market is largely built out, new product is scarce and what few parcels are available are mostly zoned for other commercial uses. Given these obstacles and record-high rents, re-development activity has increased in recent years, particularly in the North County submarket, where most of the metro's larger buildings are located.

Orange County Office Market Report
Download the PDF
Orange County Industrial Market Report
Download the PDF

Local Market Contact:

General Research Inquiries: