Orange County

As office properties have been redeveloped with desirable amenities and stabilized, owners have been taking advantage of a robust capital-markets environment to sell, JLL's G. Ryan Smith tells GlobeSt.com.

Plateauing occupancy, coupled with the outlook of rising supply in many markets, has dampened revenue and returns expectations, causing pricing to stagnate, Ten-X's Chris Muoio tells GlobeSt.com.

While some apartment owners and developers are over-improving, IEC is concentrating on optimizing space for the current tenant rather than fashioning it after a different tenant profile's tastes, Marshall Boyd tells GlobeSt.com.

Sometimes it's cost effective to repurpose an existing structure versus starting from scratch, but it's not easy; it takes research and expertise to make sure that its done properly, KTGY's Ken Ryan tells GlobeSt.com.

Since the rebound, there has been more than 900,000 square feet converted into creative space in the Airport submarket alone and almost as much set to be delivered in OC over the next 18 months, representing a direct shrinking of the class-B inventory, NKF's George Thomson tells GlobeSt.com.

Educating tenants on increasing rental rates and forecasting pricing are two of the biggest challenges, given the volatility of the industrial market, Kidder Mathews' Brandon Rohe tells GlobeSt.com.