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REA
May 22, 2019  

Once-Hot Orange County Office Market Cools

While other big West Coast markets continue sizzling, Orange County’s office sales are fizzling.The Southern California county ranked as the 10th most-active U.S. market in 2017, when commercial property sales hit a cyclical peak of $2.4 billion. But volume tumbled 20% last year and has continued to decline. With a bid-ask gap emerging, less than $400 million of sales worth at least $25 million have closed or are under contract so far in...


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