Real Estate Trends
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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
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