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OC Growth Comes From Small Firms

IRVINE, CA-Michael Dorsey of CBCA's new Orange County office tells GlobeSt.com that small firms are taking more space in an update to this morning's story.

By Carrie Rossenfeld | Updated on January 30, 2013

IRVINE, CA-Small to mid-sized companies make up a large percentage of added absorption in the Orange County market, Michael Dorsey of Coldwell Banker Commercial Alliance‘s newly launched Orange County brokerage and advisory-services office here, tells GlobeSt.com. The firm’s specialty is smaller local and regional businesses, which is “where we see most of the transactional commissions being generated,” says Dorsey.

More than 75% of all of the CRE lease transactions in Orange County are valued in the $500,000 to $5-million consideration, Dorsey says, “and that’s where our strength and focus is.”

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