George Thomson

South Orange County is quickly becoming the 'Downtown' of theOrange County office market—stealing the title from the AirportArea. South County has seen migration from other popular officemarkets, namely the Airport Area, and in the first quarter, thesubmarket led office absorption in Orange County, logging 864,000square feet, according to the first quarter report fromNewmark Knight Frank. Broadcom's660,000-square-foot lease at Five Point Gateway in Irvine accountedfor the majority of the leasing activity, while class-B renovationshelped fuel rent growth—making the market the most expensive inOrange County. To find out more about the South County market, wesat down with George Thompson, senior managingdirector at Newmark Knight Frank, for an exclusive interview.

GlobeSt.com: What is driving activity in the SouthOrange County market to the extent that it has become a leader inthe office market?

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.