4th QUARTER 2016- ORANGE COUNTY OFFICE MARKET REPORT

Demand was strongest for Class B space - which accounts for roughly half of the county's total 111.3 million square foot inventory. That kept net absorption in the overall office market from nearly slipping into the red for the year. Class B space posted a gain of 799,003 square feet for 2016 with positive absorption in all four quarters -Lee & Associates, Inc.

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