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Orange County office space has remained steady throughout the years due to several factors, including a highly educated workforce, great weather, and lower employee costs compared to its neighbors Los Angeles and San Diego. This is why almost 200 of the Fortune 500 companies have offices in Orange County, and more are looking to move in every year.
In the past, Orange County was used as a bedroom community so that people who worked in Los Angeles were able to live in Orange County due to it being cheaper and would commute to work. However, now the area has transformed into a middle/upper income area. Orange County ranks among the top five office space markets on the West Coast and top thirty in the United States.
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||3,400||$3.35 / SF||99|
|Anaheim||2,100||$2.19 / SF||193|
|Brea||2,600||$2.48 / SF||89|
|Buena Park||1,400||$2.33 / SF||< 30|
|Costa Mesa||2,100||$2.85 / SF||285|
|Dana Point||1,500||$2.80 / SF||< 30|
|Fountain Valley||1,100||$1.71 / SF||< 30|
|Fullerton||1,500||$2.37 / SF||81|
|Garden Grove||2,900||$2.07 / SF||164|
|Huntington Beach||1,300||$2.45 / SF||182|
|Irvine||2,400||$2.78 / SF||1,165|
|Irvine Spectrum||2,500||$2.59 / SF||196|
|Laguna Beach||1,100||$4.27 / SF||< 30|
|Laguna Niguel||1,600||$2.63 / SF||82|
|Lake Forest||2,000||$2.19 / SF||113|
|Mission Viejo||2,000||$2.35 / SF||116|
|Newport Beach||1,600||$3.08 / SF||420|
|Newport Center||1,400||$5.28 / SF||74|
|Orange||1,900||$2.48 / SF||288|
|San Clemente||2,000||$2.47 / SF||< 30|
|San Juan Capistrano||1,400||$2.53 / SF||< 30|
|Santa Ana||2,000||$2.18 / SF||565|
|Tustin||1,600||$1.96 / SF||108|
|University Town Center||2,300||$2.63 / SF||< 30|
|Westminster||3,200||$2.57 / SF||55|
|Yorba Linda||1,500||$2.24 / SF||116|