Orange County chart of the week
- Orange County has the second lowest vacancy in the country, behind only Los Angeles, and is well below the U.S. vacancy rate of 5.8 percent.
- Occupiers with requirements greater than 100,000 square feet have seen the number of space options decline for six consecutive years. Availabilities are even lower when looking for Class A space.
- New construction will help to increase occupier activity as competition for high caliber space continues to be strong.
Source: JLL Research
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