IRVINE, CA—With recent office lease-rate increases in the Airport submarket, tenants are migrating out and flocking to more-affordable markets or even moving down a class to save money, Kidder Mathews' director of research Jerry Holdner tells GlobeSt.com. A recent report from the firm reveals that OC office lease rates rose for the 12th consecutive quarter. We spoke exclusively with Holdner about the continually rising office lease rates and how tenants are reacting to them.
GlobeSt.com: How are tenants reacting to Orange County's ever-increasing office-lease rates? Holdner: GlobeSt.com: What are tenants getting for these increases? Holdner: financial Wi-Fi GlobeSt.com: What are tenants asking for from landlords in return for the higher rental rates? Holdner: Millennial restaurants GlobeSt.com: What else should our readers know about Orange County's office-lease rates? Holdner: job With developers leveraging development and redevelopment opportunities across all property types, how can you capitalize on this activity? Join us at RealShare Orange County on August 16th for impactful information from the leaders in Orange County CRE. Learn more . IRVINE, CA—With recent office lease-rate increases in the Airport submarket, tenants are migrating out and flocking to more-affordable markets or even moving down a class to save money, Kidder Mathews' director of research Jerry Holdner tells GlobeSt.com. A recent report from the firm reveals that OC office lease rates rose for the 12th consecutive quarter. We spoke exclusively with Holdner about the continually rising office lease rates and how tenants are reacting to them.
GlobeSt.com: How are tenants reacting to Orange County's ever-increasing office-lease rates? Holdner: GlobeSt.com: What are tenants getting for these increases? Holdner: financial Wi-Fi GlobeSt.com: What are tenants asking for from landlords in return for the higher rental rates? Holdner: Millennial restaurants GlobeSt.com: What else should our readers know about Orange County's office-lease rates? Holdner: job With developers leveraging development and redevelopment opportunities across all property types, how can you capitalize on this activity? Join us at RealShare Orange County on August 16th for impactful information from the leaders in Orange County CRE. Learn more .© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.