Tag Archives: office

Own a tech firm in California? Locating it in OC will save a company millions

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Orange County snapshot

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  • This analysis takes into account 20,000 square feet of office space, 134 employees (based on 150 square feet per employee), and a five year lease with 3 percent annual rent increases.
  • Orange County’s tech industry is expanding due to the highly talented and educated workforce (including the large number of STEM
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How much have OC office rents grown since 2010?

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Orange County snapshot

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  • In addition to leading Orange County’s rent growth, the Airport Area surpassed 2007’s peak average asking monthly rental rate ($3.02 per square foot, full service gross) in Q4 2016 with a rent of $3.06 per square foot.
  • Although West County recorded the lowest rent growth since 2010, the submarket is not
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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

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