OC office rents nearing market peak levels

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Orange County chart of the week2-6-17_COW_cropped

  • As of Q4 2016, Orange County Class A asking rents have increased 7.5 percent over the last 12 months.
  • With healthy vacancy levels, the Orange County average asking rent is 4.5 percent below the pre-recession market peak, leaving room for additional growth.
  • New deliveries in 2017 in the Airport
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SoCal 10 top tens of 2016

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JLL research takes a look back at 2016

EblastButton_blogThe Rams moved back home. People tore down office walls. Trump was elected. Britain exited.

2016 saw its share of memorable moments, high-profile leases and sales, billions in tech VC funding, and new standards of office space. Some of them may have surprised you─or maybe not. Either way, enjoy… Read More

Multifamily construction rises in the Airport Area

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Orange County chart of the week1-23-17_COW_cropped

  • The growing local economy and jobs market has spurred multifamily development activity in the Airport Area, in particular to accommodate the increasing number of Millennials living in the area.
  • There are a total of 2,981 units under construction, with an additional 5,704 units approved for development and 1,895
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The tale of the tape for California markets

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Orange County chart of the week

1-9-17_cow_cropped

  • Although rents of the Orange County Class A office and industrial markets have increased 42.5 percent and 41.5 percent respectively since the market trough, business owners will find Orange County to be more affordable than other California markets.
  • Mature and startup companies are drawn to Orange County for the
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JLL team spotlight: Carter Rudnick

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carter_squareCarter Rudnick works as an Associate in JLL’s Orange County office where he focuses on Agency Leasing office transactions. His specialties include: leasing, negotiations, market analysis and space planing.

Outside of work, he loves to travel and has been to over 20 countries–so far his favorite has been Cape Town, South Africa. Carter is… Read More