Park Place — Lease in Irvine, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Irvine, CA
  • Size: 182,380 SF
  • Year built: 2030

Description

Market Context

This office in Irvine, CA is listed for lease across 182,380 SF. The building dates to 2030. It has been on the market for 113 days. Compare it against other office listings for lease in Irvine, CA — view the full market.

As of Q1 2026, the Orange County office market showed a 19.3% vacancy rate, and cap rates around 7.4%. Source: multiple brokerage reports, Q1 2026.

Above-average vacancy gives tenants leverage and a wide set of comparables.

Office market FAQ

What is the typical cap rate for office in Orange County?
About 7.4% as of Q1 2026, per multiple brokerage reports.
Is the Orange County office market tightening or softening?
Vacancy is around 19.3% (Q1 2026).

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