8191_E_Kaiser_Blvd_BOV

Central County Q4 2018OFFICE REPORT MARKETBEAT

Historical Leasing Activity

Historical Trend

Overall Rental Rate

Overall Vacancy Rate

2.0

$0.00 $0.50 $1.00 $1.50 $2.00 $2.50

10.0% 15.0% 20.0% 25.0%

1.5

1.0

MSF

0.5

0.0% 5.0%

0.0

1.7

1.9

1.3

1.8

1.4

$1.62

$1.67

$1.70

$1.85

$2.02

$2.38

1.2

2013 2014 2015 2016 2017 2018

2013 2014 2015 2016 2017 2018

KEY LEASE TRANSACTIONS Q4 2018 Address

Tenant

Type

Leased SF

Submarket

1325 Anaheim Boulevard

Altamed

New Direct

90,533

Anaheim

999 Town & Country Road

AECOM

Renewal

73,908

Orange

15101 Red Hill Avenue

Best Choice Products

New Direct

51,065

Tustin

1500 Douglass Road

Anaheim Arena Management

Sublease

31,938

Stadium Area

Direct Asking Rental Rate (ClassA)*

Overall Asking Rental Rate (All Classes)*

Total Buildings

Overall Vacant SF

Overall Vacancy Rate

YTD Overall Net Absorption (SF)

YTD Leasing Activity(SF)

Market

Inventory (SF)

2,820,093

61

340,846

12.1% -70,721

144,242

$2.75

$2.26

Parkcenter Area

3,617,010 2,277,180

60 14

284,339 278,831

7.9% -24,422 12.2% -79,498

139,767

$2.73 $2.82

$2.52 $2.80

StadiumArea The City Area

89,626

2,262,734

17

270,721

12.0% -19,226

50,596

$2.81

$2.58

Main Place Area

783,575

15

145,823

18.6% -64,815

160,616

N/A

$2.75

Tustin (South of I-5)

3,223,816

44

423,709

13.1% 217,898

175,827

N/A

$2.27

Santa Ana

2,978,550

42

289,181

9.7% 29,961

343,796

$2.57

$2.48

North/East Anaheim

427,246

7

20,321

4.8% -7,745

2,269

N/A

$2.21

East Orange

2,032,872

24

260,023

12.8% 29,340

55,897

$1.95

$1.76

Civic Center Area

CENTRAL COUNTY 20,423,076

284 2,313,794

11.3% 10,772

1,162,636

$2.70

$2.38

*Rental rates reflect gross asking $psf/month

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