IRVINE, CA— has learned exclusively that most of the positive absorption seen in the Orange County office market in Q2 was in class-A space—not class-B as was previously seen, according to Jerry Holdner, VP of market research for Voit Real Estate Services. The sector showed continued signs of recovery during the quarter, posting more than 740,000 square feet of positive net absorption, the most positive absorption seen there in one quarter since Q1 2007.

“As the quarter came to a close, totals show 586,000 square feet of positive absorption in class-A space and only 114,000 square feet in class B,” says Holdner. “The return to class A demonstrates ongoing confidence in the office market, which will continue to fuel market recovery.”

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