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Office vacancy stabilizes on the heels of strong job growth/386/orange-county-10-9-17-job-growth-stabalizes-office-vacancy<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-meeting.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/386/orange-county-10-9-17-job-growth-stabalizes-office-vacancyOffice vacancy stabilizes on the heels of strong job growthSince The Great Recession, Orange County’s economy has significantly diversified.
Los Angeles-Orange County metro leads the nation in life sciences employment and establishments/298/orange-county-9-4-2017-life-sciences-employment<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/Lifesciences-lab-worker-microscope.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/298/orange-county-9-4-2017-life-sciences-employmentLos Angeles-Orange County metro leads the nation in life sciences employment and establishmentsThe Los Angeles-Orange County life sciences industry generates more than $27.3 billion in annual economic activity.
Last mile distribution grows in Orange County as shifts in retail trends expand e-commerce requirements/256/orange-county-8-22-warehouse-ecommerce<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/construction-manufacturing-warehouse.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/256/orange-county-8-22-warehouse-ecommerceLast mile distribution grows in Orange County as shifts in retail trends expand e-commerce requirements​Over the last 24 months, 1.7 million square feet of Orange County’s warehouse and distribution space has been leased up by e-commerce and 3PL companies, with nearly 50 percent of all e-commerce leasing activity occurring in North Orange County.
OC tourism grows as visitor volume and spending hits five-year high/199/orange-county-7-31-2017-tourism<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/retail-people-shopping.jpg?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/199/orange-county-7-31-2017-tourismOC tourism grows as visitor volume and spending hits five-year high​The travel industry in Orange County plays a significant role in the local economy with visitor spending rising 39.0% over a five-year span to $12.10 billion.
Large blocks of available sublease space driven by the mortgage industry/163/orange-county-large-blocks<img alt="" src="/united-states/en-us/PublishingImages/Snapshots/people-office-keyboard-typing.png?RenditionID=6" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/163/orange-county-large-blocksLarge blocks of available sublease space driven by the mortgage industry​There are currently 32 blocks of sublease space of at least 20,000 square feet in Orange County.
Passenger activity at John Wayne Airport increases 21% since 2010/97/orange-county-passenger-activity-at-john-wayne-airport-3-13-2017<img alt="" height="63" src="/united-states/en-us/PublishingImages/Snapshots/building-office-interior-retail.jpg" width="120" style="BORDER:0px solid;" />/united-states/en-us/research/snapshots/97/orange-county-passenger-activity-at-john-wayne-airport-3-13-2017Passenger activity at John Wayne Airport increases 21% since 2010The trailing 12-month container volume for the Port of Baltimore rose by 4.6 percent in January to a record high 951,143 TEUs, albeit at a slower pace than previously experienced from 2015 through mid-2016.