By Ronald McNees
Noting the number of leases that have been signed since the first quarter, office building owners in south Orange County have started boosting rents and cutting back concessions.
"In the last 30 to 60 days there has emerged a bullish mentality among landlords caused by absorption of new product and second-generation space," says Jack McNutt, a senior vice president and office properties specialist with Grubb & Ellis in Newport Beach.
First-q...
Noting the number of leases that have been signed since the first quarter, office building owners in south Orange County have started boosting rents and cutting back concessions.
"In the last 30 to 60 days there has emerged a bullish mentality among landlords caused by absorption of new product and second-generation space," says Jack McNutt, a senior vice president and office properties specialist with Grubb & Ellis in Newport Beach.
First-q...
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