MARKET TAKEAWAYS

The Orange County tech startup scene remains strong as venture capital continues to be attracted to the area’s existing clusters of high-tech manufacturing, medical devices, and aerospace with growing expertise in fintech, cybersecurity, and artificial intelligence.

Some tech companies have seen increased demand from COVID-19 impacts and are expected to expand their real estate footprint in 2021.

The amount of sublease space well-suited for technology companies is going to continue to increase as companies evaluate future space needs, presenting tech tenants with an abundance of high-quality options which are already built-out.

Tech startup activity and venture capital financing is highly concentrated in the Airport Area and South County as proximity to UC Irvine has helped incubate many companies.

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