The coworking trend was slow to reach Orange County, but it is now hitting full steam as large companies like WeWork and Spaces continue to expand in the area. WeWork just opened its second location in the area and Spaces recently opened its third.
Coworking has grown to over 680k SF across the county. Even though total office space consists of 90m SF, coworking is on the rise and will soon be similar to its neighbors, Los Angeles and San Diego.
Orange County is ranked as the third most populated county in all of California. The price of square footage for office rent per year ranges from $9 to $50 with the median being $36. Furthermore, the square footage size ranges from 100 SF up to 17,000 SF with the median being 570 SF.
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|Neighborhood||Average Available SQFT||Average Rate / SQFT PER Month||NUMBER OF AVAILABLE SUITES|
|Aliso Viejo||100||$3.29 / SF||< 30|
|Anaheim||100||$3.60 / SF||< 30|
|Costa Mesa||100||$4.09 / SF||32|
|Dana Point||-||-||< 30|
|Fountain Valley||100||$2.71 / SF||< 30|
|Fullerton||600||$1.78 / SF||< 30|
|Garden Grove||3,100||$3.71 / SF||< 30|
|Huntington Beach||2,000||$2.70 / SF||< 30|
|Irvine||100||$3.55 / SF||149|
|Irvine Spectrum||100||$3.12 / SF||34|
|Laguna Beach||-||-||< 30|
|Laguna Niguel||100||$2.72 / SF||< 30|
|Lake Forest||200||-||< 30|
|Mission Viejo||100||-||< 30|
|Newport Beach||100||$3.15 / SF||68|
|Newport Center||100||-||< 30|
|Orange||300||$2.82 / SF||31|
|San Clemente||-||-||< 30|
|Santa Ana||1,600||$1.73 / SF||< 30|
|Tustin||100||$2.56 / SF||< 30|
|University Town Center||100||$9.17 / SF||< 30|
|Yorba Linda||200||$3.30 / SF||< 30|