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Orange County office availability falls for two straight years

Vacancy inches up but will likely fall in the quarters ahead based on recent leasing
Willow Laboratories leased 121 Theory Drive, a 63,440-square-foot building in  Irvine Co.'s UCI Research Park just two months after the building was listed as available. (CoStar)
Willow Laboratories leased 121 Theory Drive, a 63,440-square-foot building in Irvine Co.'s UCI Research Park just two months after the building was listed as available. (CoStar)
CoStar Analytics
December 16, 2024 | 9:45 P.M.

Orange County’s office market tightened for tenants in 2024, outperforming most U.S. markets.

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