OC office rents nearing market peak levels

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Orange County chart of the week

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  • As of Q3 2016, Orange County Class A asking rents have increased 10.3 percent over the last 12 months. The Orange County average asking rent is 9.5 percent below the pre-recession market peak, leaving room for additional growth.
  • South County asking rents have been boosted by strong demand and high-water mark rents at the 2016-delivered 200 Spectrum Center tower.

Note: South County market trough occurred in 2012

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Visit our Orange County Research Group page for additional market insight: Orange County – Research

Tweet this: #OC office #rents nearing market peak levels #JLL #COW http://bit.ly/2dNVsJm @JLL_OC

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