Acquisition of the 453K SF complex is the largest creative office deal so far this year in Orange County.

Legendary Group will build a 17-story, 350K SF spec creative office as demand for space soars.

As the vacancy rate moved down, rents also inched up, finishing the first quarter at $6.43 per square foot.

VC funding is turbocharging a building boom of new lab space, with 31M SF under development in emerging and established markets.