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ORANGE COUNTY, CA—Those companies that prefer a campus-style or low-rise environment, access to a great labor pool, proximity to gateway and secondary markets and a less-expensive alternative to L.A. choose Orange County, Petra Durnin, CBRE's head of research and analysis for Southern California, tells GlobeSt.com. According to a recent report from the firm, Inc Magazine's latest list of the 5,000 fastest-growing companies in the US included 296 businesses in L.A. and Orange County, ranking the metro area third in the nation. When adding the 41 startups in neighboring Ventura and the Inland Empire, the region accounted for approximately half of the 670 California companies listed.
The report also revealed that Orange County hosts 115 company headquarters, led by Costa Mesa-based Club Pilates Franchiser, a company that is in fourth place nationally.
We spoke with Durnin about why companies choose Orange County as their home base and how the region is working to attract and retain them.
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Carrie Rossenfeld
Carrie Rossenfeld is a reporter for the San Diego and Orange County markets on GlobeSt.com and a contributor to Real Estate Forum. She was a trade-magazine and newsletter editor in New York City before moving to Southern California to become a freelance writer and editor for magazines, books and websites. Rossenfeld has written extensively on topics including commercial real estate, running a medical practice, intellectual-property licensing and giftware. She has edited books about profiting from real estate and has ghostwritten a book about starting a home-based business.
