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Orange County office availability shrinks slowly

COVID-driven sublease glut burns off
CoStar Analytics
July 11, 2025 | 6:26 P.M.

Space availability in Orange County’s office market declined in the first half of 2025, continuing a trend that has extended beyond two years. Total availability has fallen from a pandemic-driven peak near 17% in 2023 toward 15%, returning to early 2021 levels but still above its pre-pandemic rate of 12%.

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