- 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 Area and South County will continue to put upward pressure on asking rents.
Source: JLL Research. Note: South County market trough occurred in 2012.
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