• Research & Development gross activity was 269,917 sq. ft. in Q3 2019, representing a decrease of 31% from Q2 2019 and 35% from Q3 2018.
  • Vacancy in Orange County decreased by 164,000 sq. ft. and remained at 2.3%.
  • In Q3 2019, the average asking lease rate was $0.95 per sq. ft. representing a 3.3% increase year over year.