OC Office Market Rocks Creative
OC employment is up and employers are looking for more office space. But that’s not all—they’re looking for higher-quality, more creative space, and developers are chomping at the bit to provide it. That’s one reason we’re excited to hold our 4th Annual Orange County State of the Market on Jan. 29 at the Hotel Irvine. Sign up here.
Among our speakers will be Bixby Land SVP-operation Aaron Hill, who tells Bisnow the companies that are growing are the ones looking for more innovative office space, and that demand continues to outpace supply in Orange County. He says developers are looking at adaptive reuse to pump up the creative office footprint in the market. (Recently ASML US Inc inked a 93k SF lease at Bixby's THE Campus in San Jose, bringing the 227k SF property to full occupancy nine months after completion.)
For its part, Bixby has three creative office projects completed or in development in OC. One is 15771 Redhill Ave, designed by Boto Design Architects, which also did properties for Yahoo and Adidas. The single-story building will be improved with 10k SF of new office space, a glass pavilion atrium at the main point of entry and expanded window lines along Redhill. The building will feature a Bixby Retreat outdoor area and can accommodate one or two tenants. Hear more about creative office trends and other property types at our 4th Annual Orange County State of the Market on Jan. 29 at the Hotel Irvine at 7:30am. Get your tickets here.