OC Office Market Growth in Early Innings
Allen Matkins reports in its latest market survey that since SoCal got a later start in the recovery than Northern California, the region has more runway left in terms of growth, as Raintree Partners CEO Jeff Allen puts it. Or, to use another metaphor, the south's in earlier innings than its northern counterpart. Specifically, Orange County is beginning to see rents spiking, since the market’s “fully back,” notes Allen Matkins’ John Tipton. Click here to see the video.