Real Estate Trends

Office Market Indicators

Market: Direct space immediately available*

Los Angeles County: 43.57

Orange County: 9.63

*

Market: Sublet space immediately available*

Los Angeles County: 4.73

Orange County: 1.08

*

Market: Buildings under construction*

Los Angeles County: 0.97

Orange County: 0.99

*

Market: Total existing rentable inventory*

Los Angeles County: 286.26

Orange County: 93.47

*

Market: Vacancy rate

Los Angeles County: 15.22%

Orange County: 10.30%

*

Market: Vacancy rate with sublet space

Los Angeles County: 16.86%

Orange County: 11.46%

*

Market: Asking rental rates**

Los Angeles County: $1.62

Orange County: $1.84

Office Asking Rents by Building Class**

Market: Class A/Trophy (prestige, high-quality space)

Los Angeles County: $1.65

Orange County: $1.86

*

Market: Class B (fair to good space)

Los Angeles County: 1.31

Orange County: 1.65

*

Market: Class C (no-frills, low-cost space)

Los Angeles County: 1.24

Orange County: 1.35

* In millions of square feet

** Monthly rent per square foot, all service fees includedAll figures are as of Monday.

Source: Realty Information Group/CoSta