Office
The Orange County office market is comprised of approximately 153 million square feet of rentable space, with strategically beneficial options spanning every city in the county, from San Clemente in the south to Anaheim and others in the north; most are owned and operated by mid- to large-sized investors and institutional owners. In Orange County, office space is classified according to a property’s specific features and attributes. Although many of these traits are subjective, others are common among the various office-building types.
Class A Office Space
- Highest image and building standard finishes
- 6+ floors
- Multi-floor/multiple tenants within building
- Large, entry lobby and foyer (natural stone surfaces typical)
- Newer construction or recently renovated
- Floor-to-ceiling glass line
- On-site cafe or delicatessen
- Paid and covered parking stalls (reserved, unreserved)
- Multiple, high-speed elevators
- Common-area restrooms
- Lease includes electricity, janitorial and common-area expenses
- On-site security guard and/or door attendant
- Large institutional landlords or real estate investment trusts (REIT)
- Monthly lease rate range: $2.75 – $4.75 per square foot
Class A Office Space
- Highest image and building standard finishes
- 6+ floors
- Multi-floor/multiple tenants within building
- Large, entry lobby and foyer (natural stone surfaces typical)
- Newer construction or recently renovated
- Floor-to-ceiling glass line
- On-site cafe or delicatessen
- Paid and covered parking stalls (reserved, unreserved)
- Multiple, high-speed elevators
- Common-area restrooms
- Lease includes electricity, janitorial and common-area expenses
- On-site security guard and/or door attendant
- Large institutional landlords or real estate investment trusts (REIT)
- Monthly lease rate range: $2.75 – $4.75 per square foot
Class B Office Space
- Mid-level image
- 2-6 floors
- Multi-floor/multiple tenants within building
- Typically uncovered and unreserved free parking stalls
- Elevator and/or staircase service
- Common-area restrooms
- Lease includes electricity
- Minimal or limited on-site amenities
- Varying ownership types
- Monthly lease rate range: $2.25 – $2.75 per square foot
Class B Office Space
- Mid-level image
- 2-6 floors
- Multi-floor/multiple tenants within building
- Typically uncovered and unreserved free parking stalls
- Elevator and/or staircase service
- Common-area restrooms
- Lease includes electricity
- Minimal or limited on-site amenities
- Varying ownership types
- Monthly lease rate range: $2.25 – $2.75 per square foot
Class C Office Space
- Modest image
- Value, economy price point
- Smaller size, single-level units
- Often found within multi-tenant industrial parks
- Restrooms within leased suite
- Electricity, janitorial and common-area expenses not included in lease
- Minimal or no on-site amenities
- Monthly lease rate range: $1.75 – $2.25 per square foot
Class C Office Space
- Modest image
- Value, economy price point
- Smaller size, single-level units
- Often found within multi-tenant industrial parks
- Restrooms within leased suite
- Electricity, janitorial and common-area expenses not included in lease
- Minimal or no on-site amenities
- Monthly lease rate range: $1.75 – $2.25 per square foot
Partnering Perk: MCG’s Unique Orange County Database
Drawing on decades of commercial brokerage experience and success, MCG Commercial has developed a proprietary database of Orange County office-building inventory. It contains accurate, up-to-date data about a wide range of property sizes and classes. Our advisors use it together with other commercial resources to give you access to the largest, most diverse selection of properties available.