Posts by Tucker Hughes
Orange County Office & Industrial Markets Had Little Volatility as Year Ended
Tucker Hughes on February 18, 2020
The Orange County office and industrial markets had remarkably little volatility throughout 2019. The county’s 159 million square feet of office space hovered between 9.7% and 10.1% for the entire year, ending at 10.1%. The average gross rental rate per square foot also remained constant, staying at $2.66 per square foot for nearly the entire duration of the year, which is also where it ended.
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Tucker Hughes
Tucker Hughes is managing partner at Hughes Marino, a global corporate real estate advisory firm that exclusively represents tenants and buyers. As head of Hughes Marino’s Orange County and Los Angeles offices, Tucker specializes in tenant representation and building purchases throughout Southern California. Tucker makes frequent media appearances to speak on the future of commercial real estate, and is also a regular columnist for Entrepreneur.com. Contact Tucker at 1-844-662-6635 or tucker@hughesmarino.com.