Item 27 - Appeal Application Nos. 2020-03 and 2020-04 - Central Pointe Mixed-Use Development

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EXHIBIT 10 OFFICE PERFORMANCE ORANGE COUNTY 2006 THROUGH SECOND QUARTER 2020 Annual Annual Average Quarterly Under Const. Period: 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 5-Yr 10-Yr 1 Q20 2Q20 Num. %Inv Inventory SF (MMs) Orange County Santa Ana 3.0-Mile 1.0-Mile % Santa Ana Occupancy Orange County Santa Ana 3.0-Mile 1.0-Mile Absorption SF (000s) Orange County Santa Ana 3.0-Mile 1.0-Mile Lease Rate Orange County Santa Ana 3.0-Mile 1.0-Mile Growth (#) 146.3 149.8 153.2 153.9 153.9 154.0 154.4 154.0 154.7 154.9 155.4 156.5 158.1 158.9 0.83 0.56 159.1 159.1 1.38 0.9% 19.6 19.6 19.7 19.7 19.7 19.8 19.8 19.6 19.5 19.5 19.5 19.5 19.5 19.4 (0.02) (0.03) 19.4 19.4 0.0 0.0% 21.6 21.7 21.8 21.9 22.0 22.0 22.0 21.8 21.7 21.8 21.8 21.9 21.9 21.9 0.03 (0.01) 21.8 21.8 0.19 0.9% 5.4 5.4 5.4 5.4 5.5 5.5 5.5 5.4 5.4 5.4 5.4 5.4 5.4 5.4 0.00 (0.01) 5.4 5.4 0.00 0.0% 27% 27% 27% 28% 28% 28% 28% 28% 28% 28% 28% 28% 28% 28% 0% 20% 28% 28% 93.1 % 91.1 % 87.8% 86.0% 84.5% 85.8% 87.0% 88.5% 89.1 % 90.5% 91.4% 91.2% 90.5% 90.4% 90.8% 88.9% 90.4% 90.3% 93.8% 92.3% 90.0% 87.8% 87.5% 88.0% 87.4% 86.9% 87.0% 87.5% 87.6% 89.8% 90.1 % 89.2% 88.8% 88.1 % 88.5% 88.0% 94.4% 93.6% 91.6% 90.5% 89.2% 89.3% 88.6% 88.4% 89.5% 89.8% 88.8% 90.2% 91.0% 90.7% 90.1 % 89.5% 90.7% 90.4% 95.7% 93.5% 89.1 % 87.3% 85.0% 86.2% 85.0% 86.5% 88.1 % 88.6% 89.1 % 88.4% 89.2% 88.4% 88.7% 87.4% 87.7% 87.0% 700 (852) (1,001) (3,581) (472) 2,900 2,054 1,193 2,880 1,572 1,582 243 620 245 852 1,282 86 (586) (167) (338) 33 58 (25) (487) 244 (162) 393 333 (115) (392) 12 (12) 276 (432) 47 (308) (128) 99 (285) (193) 463 (179) (8) 497 (61) (42) 41 16 154 (267) (43) (99) (4) 40 (55) 1 85 (43) 160 (77) (15) (53) (5) 4 Growth (%) $28 $30 $29 $26 $24 $23 $22 $22 $24 $26 $27 $29 $31 $32 5.9% 2.0% $32.26 $32.76 $24 $25 $25 $22 $21 $20 $19 $19 $20 $21 $22 $23 $25 $27 6.1% 1.9% $28.13 $27.82 $23 $25 $24 $22 $21 $20 $19 $20 $21 $21 $22 $24 $26 $27 5.3% 1.9% $27.30 $28.01 $23 $23 $23 $23 $21 $19 $19 $19 $20 $21 $20 $22 $24 $26 5.2% 1.3% $28.24 $28.69 600 3.0-Mile - Absorption (MMs SF) and Lease Rate ($/SF/Yr) $30 400 $25 200 $20 0 $15 Absorption Ll Lease Rate (200) $10 (400) $5 600) $0 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2Q20 Source: CoStar 20233.00 DemoRetail: Office THE CONCORD GROUP