Tag Archives: demand

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
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JLL’s Zach Niles speaks with Biznow about the state of OC’s industrial market

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1-27-16_Zach Niles JLL Senior Vice President Zach Niles was recently featured in Biznow’s article “Competition Heats Up For OC Industrial.” Niles dives into the current state of the local industrial market concluding that with a 2.7% vacancy rate, OC is one of the tightest markets in the nation.… Read More

Does ‘big-box’ leasing sometimes create statistical anomalies?

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10-21-15_ImpactSeriesJLL’s Les Boudwin coined the term ‘surge-demand’ when Amazon took occupancy of a 1.0-million-square-foot facility in Dupont, WA in the fall of 2013. Buildings of this size are rare in greater Seattle, and this one deal comprised nearly a quarter of the market’s net absorption that year.
Recent Amazon move-ins in Baltimore and Tampa… Read More