The Office Advisory Group

Lee & Associates Commercial Real Estate Services, Inc.

Dedicated. Honest. Professional.

2nd Quarter OC Office Market Report

About 1.1 million square feet of new space has been added in the last eight quarters. Later this year, 545,000 square feet of premium space is due for completion near the airport. The Irvine Company recently began marketing 836,000 square feet of soon to be vacated space in the University research Park. Developers are planning to break ground on roughly 1.25 million square feet in the next 18 months on projects in the Airport and Central County submarkets and at the Irvine Spectrum -Lee & Associates, Inc

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