Category: News Articles

ORION Property Partners, Winner of 2011 CoStar Power Broker Award

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ORION Property Partners, Inc.’s is honored in accepting the CoStar Power Broker Award winner for one of the Top Leasing Firms in the Orange County (California) market and congratulates each ORION team member in their outstanding performance throughout the year! ORION’s winning performance is based on overall transaction volume of Top Leasing Firms for 2011 reported to CoStar and is measured against all the commercial real estate brokerage firms active within their region. As the largest research organization serving commercial real estate, CoStar is pleased to independently confirm and recognize the most active firms and individual dealmakers in the United States each year with this

OC’s Low-Rise Office Space Performing Well

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Companies today are choosing to make a conscience effort to be more strategic on the type of office space when looking to lease. With reports highlighting a strong end to 2011 covering a positive net absorption, along with current plans in motion over commercial real estate construction, company owners have attractive options to choose from when matching their exact needs. Within Orange County’s continual supply of great office space for lease, one such type of real estate that has many inquiring for more details and availability is showing to be low-rise office spaces. With beautiful high-rise buildings available as well, why such the popularity? Simple.

ORION Negotiates Greenlight’s Expansion at Irvine Towers

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With stern eyes watching over the ups and downs in today’s housing and loan market, many observers are left on high alert, unsure of what to expect despite the industry’s daily reports. Alongside the struggle felt by residential brokers, finance professionals have felt the blow from the economic hit; however, as in all things that are down, the only way to go is up. Using innovative tools and industry knowledge, the Irvine-based residential mortgage lender, Greenlight Financial Services Inc., looks beyond the hot trend of todays re-finance market by creating a path of their own. Reported by the Orange County Business Journal just this week,

Construction’s Effect On Commercial Real Estate

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As in any industry, a product’s availability causes a natural friction between cause and effect within their market. For commercial real estate, the amount of office space, both available and occupied, can cause lease rates and occupancy percentages to fluctuate. Over the past year, construction has had a dramatic drop nation wide. With only 56 million square feet of development during 2011, construction development has shown to be at the lowest level of construction for office space since 1960 (reported by McGraw-Hill Construction). Some of the targeted variables for the decrease of construction were highlighted by The Wall Street Journal earlier this month. Such details

Strength In OC’s High-Rise Office Market

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As 2012 continues to tread forward, industry professionals are happy to see 2011’s year end reports finish with strong absorption numbers; bringing a end to the 15 quarter streak in rental rate decreases. When reviewing Orange County office space for lease, strength in Class A buildings were a strong factor to the positive finish and continue to be a leading player in today’s market. When examining the push for Class A’s year end popularity, tangible results were shown through a flight-to-quality move which refers to a sudden shift in investment behavior and often found during a period of financial turmoil within an industry. For high-rise

Orange County’s 2011 Office Market Ended With Optimism

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Despite the constant instability over California’s residential housing crisis and the possible affects of it continuing to pour over into the field of commercial real estate, Orange County’s office space for lease has shown a recent break in the fifteenth-quarter run of decreased lease rates. Though the report indicates a positive turn in office lease rates, the road ahead is still projected to be a slow one. Signs of the slow but steady market are seen in the stabilization of lease rates across the office market, as well as the continuation of positive absorption rates shown. Reported on January 28th, 2012 by the Orange County